$FLOW is not a clean breakout. It’s a bounce with teeth, and that’s exactly where people get wrecked 😬
Price sitting at $0.0290, up 6.29% today, volume only $816.49K, and the 4h pop is still holding +5%. Nice. But RSI on the 4h is 69, funding is positive, and longs are already paying. That’s not a free lunch.
I’ve been burned buying this exact setup before. MAs are still mixed, so this is choppy until proven otherwise. It’s 67% up its 30d range and just 9% off the high, which means upside exists... but so does a nasty rug if momentum cools 😈
Don’t chase the green candle. Wait or get carried.
Am I early or late on $FLOW here?
#FLOW
#Altcoin
Price sitting at $0.0290, up 6.29% today, volume only $816.49K, and the 4h pop is still holding +5%. Nice. But RSI on the 4h is 69, funding is positive, and longs are already paying. That’s not a free lunch.
I’ve been burned buying this exact setup before. MAs are still mixed, so this is choppy until proven otherwise. It’s 67% up its 30d range and just 9% off the high, which means upside exists... but so does a nasty rug if momentum cools 😈
Don’t chase the green candle. Wait or get carried.
Am I early or late on $FLOW here?
#FLOW
#Altcoin