Looking at the recent movement of FLOW, the RSI of several lines is all sitting in the oversold zone. The 15-minute RSI is at 26, the 1-hour at 17, and the 4-hour at 18. These numbers look a bit alarming. But if you look closely at the trading volume, it has shrunk by 88%, indicating that the bears are actually losing strength.



When the price was falling earlier, the momentum was strong. Now, it's clearly at the end of the line. The negative value of the 1-hour MACD histogram is also narrowing, which is a sign that a rebound is coming.

Currently, the market is fluctuating around the 0.11 level. Let me outline the key levels: above are 0.115 and 0.122, below are support levels at 0.108 and 0.103.

My thinking is this: if it can break above 0.115, then I will chase the move, targeting 0.122, with a stop-loss at 0.112. But if it breaks below 0.108, then I will turn bearish, targeting 0.103, and move the stop-loss to 0.111. Between 0.108 and 0.115, I prefer to wait and see which direction it wants to go.

I have a small long position above 0.108, with a tight stop at 0.107, aiming to test 0.115. If it breaks, I will exit immediately—no need to get too attached to the position.
FLOW-30.74%
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MindsetExpandervip
· 9h ago
The 88% shrinkage in trading volume is quite interesting; the bears really don't have much firepower left. I'm also sitting tight at 0.108, just betting on a rebound to try my luck.
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probably_nothing_anonvip
· 9h ago
These RSI numbers are indeed frightening, but the 88% shrinkage in volume indicates a problem—the bears have lost their teeth.
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DegenWhisperervip
· 9h ago
The bears are really losing steam; this rebound is definitely coming. The RSI number is indeed outrageous, but the 88% decline in trading volume is the key. Wait for a breakthrough above 0.115 before jumping in; a gambler's mentality must be avoided at all costs.
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