FLOCK SLIDES DEEP INTO RED đâ ïž
The 4âhour chart shows $FLOCK tearing through the $0.0779 midârange, carving a steep downâtrend that pushed the price to $0.06959, a 21% plunge in 24âŻhours đ. A decisive break of the $0.0779 order block was confirmed by a volume spike that surged past $30âŻM, eroding the $0.08819 resistance and exposing the $0.06748 support zone to aggressive sellers đš.
With the low now hugging $0.06714, the market appears to be testing the lower bound of the identified support corridor rather than executing a measured correction; the speed of the descent suggests a structural weakness rather than a temporary dip. Macroâlevel order flow indicates that capital is rotating out of riskâon altcoins, and the acceleration of negative momentum aligns with broader asset accumulation in safer havens đ.
If $FLOCK can hold above $0.06748, the next resistance lies near the broken midârange at $0.0779, offering a pivot. Failure to defend the support would likely trigger a slide toward the $0.0600 psychological barrier, deepening the current red streak.
Levels to monitor:
Watching support around $0.06748
Structure suggests resistance near $0.07790
Mid range area: $0.08819
DYOR
Follow for Updates
#FLOCK #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The 4âhour chart shows $FLOCK tearing through the $0.0779 midârange, carving a steep downâtrend that pushed the price to $0.06959, a 21% plunge in 24âŻhours đ. A decisive break of the $0.0779 order block was confirmed by a volume spike that surged past $30âŻM, eroding the $0.08819 resistance and exposing the $0.06748 support zone to aggressive sellers đš.
With the low now hugging $0.06714, the market appears to be testing the lower bound of the identified support corridor rather than executing a measured correction; the speed of the descent suggests a structural weakness rather than a temporary dip. Macroâlevel order flow indicates that capital is rotating out of riskâon altcoins, and the acceleration of negative momentum aligns with broader asset accumulation in safer havens đ.
If $FLOCK can hold above $0.06748, the next resistance lies near the broken midârange at $0.0779, offering a pivot. Failure to defend the support would likely trigger a slide toward the $0.0600 psychological barrier, deepening the current red streak.
Levels to monitor:
Watching support around $0.06748
Structure suggests resistance near $0.07790
Mid range area: $0.08819
DYOR
Follow for Updates
#FLOCK #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare