#FLUX/USDT - Final Support Before a Major Reversal or Breakdown

#FLUX

The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is poised for a bounce. A retest of this boundary is expected.

The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.

There is a key support zone in green at 0.0580. The price has bounced off this zone several times, making it a strong support level.

The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.

Entry Price: 0.0588
Target 1: 0.0597
Target 2: 0.0608
Target 3: 0.0622

Stop Loss: At the resistance zone in green

Remember this simple rule: Money management.

Any questions, please leave a comment.

Thank you.

تم فتح الصفقة

#FLUX
Target 1: 0.0597 Reached
Target 2: 0.0608 Reached

أغلقت الصفقة: تم الوصول للهدف

#FLUX
Target 1: 0.0597
Target 2: 0.0608
Target 3: 0.0622

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