Flow (FLOW) trades at $0.063, well below the MA-20 ($0.0838), MA-50 ($0.1296), and MA-200 ($0.2876), signaling pronounced pressure from sellers at all major trend horizons. Price fell 11.27% today, and FLOW now sits near the session low, reflecting high intraday volatility and persistent downward pressure after the open.
Highlights
- FLOW trades at $0.063, sharply below MA-20 ($0.0838), MA-50 ($0.1296), and MA-200 ($0.2876), indicating sustained selling pressure across all timeframes.
- Momentum indicators MACD, ADX, and oversold readings from RSI (<21), Stoch RSI, and CCI confirm strong bear dominance with no signs of bullish divergence.
- The anticipated five-day price corridor is $0.0210–$0.0470, with less than 20% probability of a rebound and resistance set at $0.0860.
Bearish momentum dominates as resistance holds and support weakens
Nearest dynamic resistance is indicated by the Ichimoku Kijun at $0.0860, while no substantial support appears above current levels based on the D1 indicators. Momentum remains strongly negative, as both MACD and ADX point to dominant selling pressure. Oversold conditions are clearly visible: RSI is below 21, Stoch RSI shows oversold readings on most intraday frames, and the CCI is significantly negative. BBP also suggests sellers are in control of short-term momentum, while the Awesome Oscillator's negative direction confirms the downward move. Signals from all momentum and oscillator tools are aligned, indicating strong bear dominance and no major divergence.
Previously it was reported that Flow is trading well below all major moving averages amid persistent bearish momentum, with RSI and other oscillators showing deeply oversold conditions and MACD/ADX confirming strong seller control. Despite elevated volatility and limited support, analysts expect continued consolidation within the $0.058–$0.072 range, with downside risks prevailing barring a decisive break above near-term resistance.
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