$FLORK — 1H Market View
📊 Bias: Bearish
💰 Price: $0.008785
🔑 Resistance: $0.0089144890–$0.0089899272
🛡️ Support: $0.0078751272
Price is trading below the MA(7), MA(25) and MA(99), keeping the short-term structure bearish. The recent recovery from the $0.0078751272 low is facing resistance near $0.0089144890–$0.0089899272.
My view: watch the resistance zone closely. A rejection could maintain downside pressure, while a sustained move above this zone would provide stronger evidence of a potential reversal.
No confirmed long setup yet. Wait for price-action confirmation rather than chasing the move.
#FLORK #Crypto #Binance #TechnicalAnalysis #Trading
📊 Bias: Bearish
💰 Price: $0.008785
🔑 Resistance: $0.0089144890–$0.0089899272
🛡️ Support: $0.0078751272
Price is trading below the MA(7), MA(25) and MA(99), keeping the short-term structure bearish. The recent recovery from the $0.0078751272 low is facing resistance near $0.0089144890–$0.0089899272.
My view: watch the resistance zone closely. A rejection could maintain downside pressure, while a sustained move above this zone would provide stronger evidence of a potential reversal.
No confirmed long setup yet. Wait for price-action confirmation rather than chasing the move.
#FLORK #Crypto #Binance #TechnicalAnalysis #Trading
