$FLUX IS HITTING A KEY RESISTANCE ZONE AND SHOWING SIGNS OF EXHAUSTION 📉
Entry: 0.115 - 0.120 🔥
Target: 0.114, 0.111, 0.105 🚀
Stop Loss: 0.122 ⚠️
The price action on the H1 timeframe is telling a clear story with those long upper wicks forming right at the resistance shelf. Buying volume is drying up as we test these highs, and the RSI is rolling over from overbought territory, which usually indicates the buyers are losing their grip.
I am watching this closely to see if the sellers can force a move back toward the lower support levels. Do you see this retesting the lows or is there enough liquidity to push higher?
Not financial advice. Always manage your risk.
#FLUX #ShortSetup #CryptoTrading #TechnicalAnalysis
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Entry: 0.115 - 0.120 🔥
Target: 0.114, 0.111, 0.105 🚀
Stop Loss: 0.122 ⚠️
The price action on the H1 timeframe is telling a clear story with those long upper wicks forming right at the resistance shelf. Buying volume is drying up as we test these highs, and the RSI is rolling over from overbought territory, which usually indicates the buyers are losing their grip.
I am watching this closely to see if the sellers can force a move back toward the lower support levels. Do you see this retesting the lows or is there enough liquidity to push higher?
Not financial advice. Always manage your risk.
#FLUX #ShortSetup #CryptoTrading #TechnicalAnalysis
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