$FLORK â 1m Market View
đ Bias: Bearish
Price is trading below MA(7) 0.0080323, MA(25) 0.0080614, and MA(99) 0.0081336. The recent move toward 0.0082979 was rejected, keeping short-term pressure elevated.
đ Support: $0.0079011
đ Resistance: $0.0082979
My view: Wait for confirmation. A break below support could weaken the structure further, while a strong reclaim of the resistance area would be needed to improve the short-term outlook.
#FLORK #Crypto #Binance #TechnicalAnalysis
đ Bias: Bearish
Price is trading below MA(7) 0.0080323, MA(25) 0.0080614, and MA(99) 0.0081336. The recent move toward 0.0082979 was rejected, keeping short-term pressure elevated.
đ Support: $0.0079011
đ Resistance: $0.0082979
My view: Wait for confirmation. A break below support could weaken the structure further, while a strong reclaim of the resistance area would be needed to improve the short-term outlook.
#FLORK #Crypto #Binance #TechnicalAnalysis
