$FLUX FLUX/USDT - Market Update

📉 Current Price: $0.5683 (-7.23%)

📊 24H Range: $0.5542 - $0.6150

🔄 24H Volume: 6.00M FLUX

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Technical Overview

EMA Trends:

EMA(7): $0.5678

EMA(25): $0.5808

EMA(99): $0.6247

Bearish Momentum:

Price remains below the 99 EMA, signaling a downtrend.

Support holds near $0.5540, with resistance around $0.5800.

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Trade Strategy

Bearish Continuation:

Entry Zone: Below $0.5660

Targets:

Target 1: $0.5500

Target 2: $0.5350

Stop Loss: $0.5800

Reversal Potential:

Entry Zone: Above $0.5800

Targets:

Target 1: $0.6000

Target 2: $0.6150

Stop Loss: $0.5650

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Observation

FLUX is consolidating after hitting its $0.5540 support. Bearish continuation is likely below $0.5660, while a break above $0.5800 could trigger bullish momentum.

⚠️ Trade wisely and manage risks effectively.

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