FLM is consolidating after reclaiming key support zones. On the downside, S1 (0.0296) and S2 (0.0291) are the immediate supports. A deeper correction could extend toward S3 (0.0260) if bearish momentum accelerates.
On the upside, R1 (0.0314) is the first resistance to watch. A confirmed breakout above it strengthens the case for a move toward R2 (0.0344), with further upside potential to R3 (0.0360) if momentum continues.
Currently, price action is holding above R1, suggesting buyers are attempting to build bullish continuation. However, a drop back below S1 could weaken the short-term outlook.
On the upside, R1 (0.0314) is the first resistance to watch. A confirmed breakout above it strengthens the case for a move toward R2 (0.0344), with further upside potential to R3 (0.0360) if momentum continues.
Currently, price action is holding above R1, suggesting buyers are attempting to build bullish continuation. However, a drop back below S1 could weaken the short-term outlook.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.