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$FLOW is gasping in the deep oversold zone, but the overall bearish structure remains unchanged.
Watch for a rebound to short $FLOW
Entry: 0.04245 – 0.04268
Stop Loss: 0.04330
First Target: 0.04100
Second Target: 0.04020
Third Target: 0.03600
Although the price is near support and divergence signals appear, the medium-term moving averages still exert strong resistance.
The risk of shorting at current oversold levels is high; a better strategy is to wait for a rebound to the key Alpha Trend resistance zone.
The re-emergence of selling pressure here will provide a more favorable risk-reward entry point for the continuation of the downtrend.
Trading $FLOW opportunities are here 👇