$FLORK — 15m Market View
📉 Bias: Bearish
Price is trading below the 15m MA(7) and MA(25), while the recent structure continues to form lower highs and lower lows. Selling pressure remains visible, with price currently around $0.0083409.
🔑 Key Support: $0.0082053
🔑 Key Resistance: $0.0089468
My view: The bearish structure remains dominant unless price can reclaim resistance with clear confirmation. A loss of $0.0082053 would weaken the setup further. For now, waiting for a confirmed reversal or retest is more prudent than forcing an entry.
#FLORK #Crypto #Binance #TechnicalAnalysis #Trading
📉 Bias: Bearish
Price is trading below the 15m MA(7) and MA(25), while the recent structure continues to form lower highs and lower lows. Selling pressure remains visible, with price currently around $0.0083409.
🔑 Key Support: $0.0082053
🔑 Key Resistance: $0.0089468
My view: The bearish structure remains dominant unless price can reclaim resistance with clear confirmation. A loss of $0.0082053 would weaken the setup further. For now, waiting for a confirmed reversal or retest is more prudent than forcing an entry.
#FLORK #Crypto #Binance #TechnicalAnalysis #Trading
