FLR/USDT assessing resistance and trendline?ðFLR Today AnalysiS
ð Paradisers, take a moment to observe #FLRUSDT as it embarks on an interesting journey. Currently, the price is testing an ascending trendline and facing a crucial resistance at $0.03848. A breakthrough above this level could launch a significant bullish campaign to overcome even tougher resistance.
ð On the flip side, if
FLR
struggles to surpass this resistance, it's time for a strategic pivot. As astute traders, we're anticipating a bullish recovery from the lower support at $0.03473, including a Fair Value Gap (FVG) level. Given that liquidity has been tapped below this point, a bullish reversal seems highly probable.
ð Falling beneath this additional support level could indicate a shift towards a more defined bearish trend, marked by increased selling pressure. Staying vigilant and adaptable is crucial as we navigate the evolving #FLR market dynamics.
ð On the flip side, if
FLR
struggles to surpass this resistance, it's time for a strategic pivot. As astute traders, we're anticipating a bullish recovery from the lower support at $0.03473, including a Fair Value Gap (FVG) level. Given that liquidity has been tapped below this point, a bullish reversal seems highly probable. ð Falling beneath this additional support level could indicate a shift towards a more defined bearish trend, marked by increased selling pressure. Staying vigilant and adaptable is crucial as we navigate the evolving #FLR market dynamics.
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