$FLUX Technical analysis of the currency in the current market on the weekly frame
Current market situation 👌
The market is witnessing a state of volatility and declines, as the currency is going through a downward trend.
Based on the technical analysis, the most important current support levels are 0.526 and 0.4833,
While the resistance levels are 1.65 and 0.9165.
The current price of the currency is 0.6785, which means that the currency is in a neutral zone.
Key points to watch😉
In case of an uptrend: If the resistance level at 0.6515 is broken, the currency
May target 0.9165 as the first main target, then 1.65 as a long-term target.
In case of a downtrend: If the price fails to break the resistance and rebounds down, the support levels
At 0.526 and 0.4833 may be the areas to watch.