$FLOCK /USDT is currently navigating a tough bearish channel. After failing to hold the $0.10 psychological level, the price has drifted toward the $0.088 support zone. Technicals show that the bears are firmly in control as we trade below the 50-day SMA.
However, with the RSI approaching oversold territory, we might see a short-term relief rally or "dead cat bounce" if the $0.081 support holds.
Key Levels to Watch:
🎯 Target 1 (Resistance): $0.094
🚀 Target 2 (Breakout): $0.105
🛡️ Support: $0.076
Fundamental Context: Despite the price action, ecosystem development continues with recent partnerships in AI risk modeling and on-chain compliance. Long-term holders should watch for a consolidation phase before considering new entries.
Bias: Bearish Short-term / Neutral Long-term.
Strategy: Wait for a confirmed reversal or a successful retest of the $0.076 support before entering long. Avoid FOMO on small green candles until the $0.098 resistance is flipped to support.
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