$FLORK — Market View
📊 Bias: Bearish
FLORK is showing clear short-term weakness on the 1H chart. Price is trading below the visible MA(7), MA(25) and MA(99), while the recent candles continue to form a lower-price structure.
🔑 Key Resistance: $0.0092224
🛡️ Key Support: $0.0078764
Price recently tested the $0.0078764 area and bounced slightly, but there is not enough confirmation yet for a bullish reversal.
My view: Bearish bias remains valid while price stays below the key resistance area. A sustained move above resistance could improve the structure, while a confirmed break below support may indicate further downside.
⚠️ No confirmed entry yet — wait for price-action confirmation and manage risk carefully.
#FLORK #Crypto #Binance #TechnicalAnalysis #Trading #Altcoins
📊 Bias: Bearish
FLORK is showing clear short-term weakness on the 1H chart. Price is trading below the visible MA(7), MA(25) and MA(99), while the recent candles continue to form a lower-price structure.
🔑 Key Resistance: $0.0092224
🛡️ Key Support: $0.0078764
Price recently tested the $0.0078764 area and bounced slightly, but there is not enough confirmation yet for a bullish reversal.
My view: Bearish bias remains valid while price stays below the key resistance area. A sustained move above resistance could improve the structure, while a confirmed break below support may indicate further downside.
⚠️ No confirmed entry yet — wait for price-action confirmation and manage risk carefully.
#FLORK #Crypto #Binance #TechnicalAnalysis #Trading #Altcoins
