🔥 $FLOW: Is a Reversal Imminent?
Entry: 0.102–0.105
Target: 0.184
SL: 8-10%
$FLOW is in a brutal downtrend – let's call it what it is. But could a powerful bounce be brewing? Volume is screaming a potential shift. We’ve seen massive volume spikes (around 100M) fueling the drop from 0.367 to 0.118. Now, volume remains elevated but is starting to subside. Textbook sign of selling pressure easing. 📉
Capital flows are deeply negative. Spot and perps markets are consistently seeing outflows across all timeframes, from 5-minute to 7-day charts. Consistent negative flows, repeatedly exceeding 2 million Tether. Both retail and institutions are heading for the exits.
Currently, $FLOW remains firmly in a downtrend. However, I’m laser-focused on the possibility of a sharp reversal. Aggressive traders can consider entries near current levels (0.102–0.105) for a quick scalp, but be prepared for volatility. A safer play? Wait for a decisive break above 0.179 – that’s your confirmation of a potential trend change. Protect your capital with a wide stop loss (8-10%) – $FLOW’s ATR is 0.010, and we’ve seen 40% daily swings recently. This is a wild one!
Don't get wrecked.
#flow #FlowUSDT #crypto #altcoins 🚀
