$FLOW
is currently trading around $0.065, showing a strong bullish breakout with nearly 42% gains in the last 24 hours. The price recently bounced from the $0.033 support zone and formed a powerful bullish candle with increasing trading volume.
From a technical perspective, the market has broken above the short-term moving averages, indicating strong buying pressure. The next important resistance area appears near $0.071 $0.075, where the price may face short-term selling pressure.
If FLOW manages to break above this resistance level, the next potential upside targets could be around $0.085 $0.095.
On the downside, if the price experiences a pullback after this rapid pump, the key support zone to watch will be around $0.050 $0.055, which may act as a healthy consolidation area before the next move.
Overall, the market structure suggests strong bullish momentum, but traders should watch for possible short-term consolidation after such a rapid price surge.
Not Financial Advice