🚀 Technical Analysis for $FLUX

/USDT on Binance 🚀

The FLUX/USDT pair has shown a steady uptrend, currently priced at $0.6138 with a +0.74% 24-hour change. Let’s dive into the price action and key targets to watch for in the short term:

🔥 Key Levels to Watch:

Support: $0.6053 – A crucial level where the price has recently bounced. Watch for potential consolidation here.

Resistance 1: $0.6200 – A minor resistance that the price has tested and retraced from multiple times. A break above this could signal continuation.

Resistance 2: $0.6400 – The next significant resistance level. If FLUX pushes past this point, it could aim higher toward $0.6610.

Target (🎯 1): $0.6500 – Watch for a possible short-term target if the price breaks through $0.6400, signaling a move towards $0.6500.

Target (🎯 2): $0.6610 – The 24-hour high level, offering a strong resistance. Breaking past this would bring a bullish continuation.

Target (🎯 3): $0.6700+ – If momentum stays strong, FLUX could push towards this next major resistance level.

📊 Volume Insights:

24h Volume: 8.26M FLUX (5.23M USDT) – High trading volume indicates strong market participation, supporting the price action.

⚡ Key Takeaways:

Bullish Scenario: A break above $0.6200 could see FLUX targeting $0.6400 and then $0.6610.

Bearish Scenario: If price retraces below $0.6053, we could see further consolidation or downward pressure.

Keep an eye on these levels as FLUX looks to test new highs. Be sure to stay updated with the latest market trends for potential trading opportunities! 📈

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