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FLUX/USDT ⚑️ Downtrend Exhaustion or Major Reversal?

FLUX/USDT is currently trading at $0.3894, moving within a descending channel, signaling continued bearish momentum. However, a potential double-bottom formation near the lower boundary suggests a possible reversal.

πŸ“Š Supports:
βœ… $0.3400 – Key support within the descending channel.
βœ… $0.3263 – Critical demand zone and potential bottom.

πŸ“Š Resistances:
βœ… $0.4400 – First breakout level to watch.
βœ… $0.6000 – Major resistance, confirming trend reversal.
βœ… $0.9200 – Psychological target on sustained bullish momentum.

If $0.3400 holds, a bullish breakout toward $0.6000+ could unfold. However, failure to hold support may extend the decline. Watch for volume confirmation and trend shifts! πŸš€

NFA, DYOR!
βž–βž–βž–
❓Got any thoughts? Leave a comment πŸ’¬
βž–βž–βž–
✈️@Coach |πŸ“ΉCoach YT |βœ–οΈCoach X
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πŸ“ŠπŸ“ŠπŸ“ŠπŸ“ŠπŸ“Š

FLUX/USDT ⚑️ Downtrend Exhaustion or Major Reversal?

FLUX/USDT is currently trading at $0.3894, moving within a descending channel, signaling continued bearish momentum. However, a potential double-bottom formation near the lower boundary suggests a possible reversal.

πŸ“Š Supports:
βœ… $0.3400 – Key support within the descending channel.
βœ… $0.3263 – Critical demand zone and potential bottom.

πŸ“Š Resistances:
βœ… $0.4400 – First breakout level to watch.
βœ… $0.6000 – Major resistance, confirming trend reversal.
βœ… $0.9200 – Psychological target on sustained bullish momentum.

If $0.3400 holds, a bullish breakout toward $0.6000+ could unfold. However, failure to hold support may extend the decline. Watch for volume confirmation and trend shifts! πŸš€

NFA, DYOR!
βž–βž–βž–
❓Got any thoughts? Leave a comment πŸ’¬
βž–βž–βž–
✈️@Coach |πŸ“ΉCoach YT |βœ–οΈCoach X

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