$FLUX $FLUX The $FLUX /USDT chart currently exhibits a bullish trend. The price has been steadily rising, breaking above multiple resistance levels, and the 24-hour volume has significantly increased, indicating strong buying interest.
Support and Resistance Levels:
Resistance: The immediate resistance level is the 24-hour high of 0.5230. Breaking above this level could signal further upward momentum.
Support: The 24-hour low of 0.4790 serves as a crucial support level. If the price retraces, this level could provide a buying opportunity.
Entry Signal:
A potential entry signal could be a breakout above the 24-hour high of 0.5230. This would confirm the bullish momentum and could lead to further price appreciation.
Additional Considerations:
Moving Averages (MA): The 7-day, 25-day, and 99-day moving averages are all below the current price, indicating a bullish trend.
Depth Chart: The depth chart shows a significant imbalance between buying and selling pressure, with buying interest dominating.
Relative Strength Index (RSI): While not explicitly visible in the chart, the RSI would likely be in overbought territory due to the rapid price increase. This suggests a potential correction or consolidation phase#CryptoAMA #29thBNBBurn #29thBNBBurn #USNFPCooldown #Write2Earn!