$FLORK — Market View
📉 Bias: Bearish
🔑 Resistance: 0.009448
🛡️ Support: 0.008313
Price is currently below the MA(7), MA(25) and MA(99), while the recent rejection from higher levels keeps the short-term structure under pressure.
My view: downside risk remains elevated unless FLORK reclaims the 0.009448 resistance with convincing confirmation. For now, waiting for a clear reversal or confirmation is preferable to chasing an entry.
#FLORK #Crypto #Binance #TechnicalAnalysis #Trading
📉 Bias: Bearish
🔑 Resistance: 0.009448
🛡️ Support: 0.008313
Price is currently below the MA(7), MA(25) and MA(99), while the recent rejection from higher levels keeps the short-term structure under pressure.
My view: downside risk remains elevated unless FLORK reclaims the 0.009448 resistance with convincing confirmation. For now, waiting for a clear reversal or confirmation is preferable to chasing an entry.
#FLORK #Crypto #Binance #TechnicalAnalysis #Trading
