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$FLM /USDT HYPOTHETICAL LONG TRADE SETUP
Current Price (from chart): \text{0.0237}
FLM (Flamingo) is trading at $\text{0.0237}$ after a sharp, volatile spike that hit a $\text{24h High}$ of $\text{0.0335}$. While the price has sharply corrected, it is finding stabilization above the $\text{0.0216}$ level. The large $\text{24h}$ volume (\text{3.34B}$) and the current rebound suggest buyers may attempt to retest recent resistance levels.
Hypothetical Target Points
(Targeting a bounce/re-test within the recent consolidation area)
TP1: \text{0.0248} (Recent minor resistance)
TP2: \text{0.0265}
TP3: \text{0.0285}
Hypothetical Stop Loss
Set stop loss below the low of the recent consolidation (\text{0.0216}) to limit downside risk if the price continues the downtrend.
SL: \text{0.0210}
Buy and Trade here on $FLM
#BinanceSquare #CryptoTrading #FLMUSDT #VolatileAlert #Hypothetical
Current Price (from chart): \text{0.0237}
FLM (Flamingo) is trading at $\text{0.0237}$ after a sharp, volatile spike that hit a $\text{24h High}$ of $\text{0.0335}$. While the price has sharply corrected, it is finding stabilization above the $\text{0.0216}$ level. The large $\text{24h}$ volume (\text{3.34B}$) and the current rebound suggest buyers may attempt to retest recent resistance levels.
Hypothetical Target Points
(Targeting a bounce/re-test within the recent consolidation area)
TP1: \text{0.0248} (Recent minor resistance)
TP2: \text{0.0265}
TP3: \text{0.0285}
Hypothetical Stop Loss
Set stop loss below the low of the recent consolidation (\text{0.0216}) to limit downside risk if the price continues the downtrend.
SL: \text{0.0210}
Buy and Trade here on $FLM
#BinanceSquare #CryptoTrading #FLMUSDT #VolatileAlert #Hypothetical
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