Technical breakdown below moving averages

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Flow slides 8.12% today to $0.0351

Highlights

FLOW is trading at $0.0351, firmly below its MA-20 ($0.0426), MA-50 ($0.0627), and MA-200 ($0.2373), indicating persistent downside pressure across all timeframes.
Momentum indicators are strongly bearish with MACD on 'strong sell' and ADX at 42.65, while oversold signals in CCI and RSI suggest continued seller dominance.
Price is expected to remain in a narrow $0.0330–$0.0370 range over the next five days, with over 80% probability of further declines unless a breakout above $0.0510 occurs.

Bearish momentum persists as oversold signals and low volatility emerge

Momentum indicators on the daily chart are bearish, with the MACD at strong sell and the ADX at a high 42.65, confirming a strong downward trend. While oversold signals are visible in both the Commodity Channel Index and RSI (D1 and W1), the Stochastic RSI near 61 shows some loss of downside momentum. Bull/Bear Power remains negative, indicating seller dominance, and the Awesome Oscillator is neutral. FLOW opened at $0.0369 and is currently near today’s low within a narrow range, with low daily volatility and no intraday gap, underscoring persistent bearish sentiment.

Further declines likely as price remains capped within narrow band

Over the next five trading days, FLOW is expected to move within a typical volatility band of $0.0330 to $0.0370. The likelihood of further declines remains very high, above 80%, with limited chances of a rebound. The baseline scenario anticipates sideways action between $0.0330 and $0.0370. A move above resistance at $0.0510 would signal a potential bullish turn, while a drop below $0.0330 could push the price toward new lows.

Anton Kharitonov, expert at Traders Union, sees FLOW under sustained technical pressure with all key moving averages above current levels. Downward momentum is strong, and indicators confirm a firm bearish trend. He notes that oversold readings have not sparked buying interest and seller dominance persists. "Unless FLOW reclaims $0.0510, downside risks dominate and I remain firmly defensive on this chart."

Previously it was reported that Flow remains under strong bearish pressure, trading below all major moving averages and encountering resistance at the Ichimoku Kijun level, while technical indicators including RSI, MACD, and ADX clearly signal an oversold and downward-trending market. Despite a brief intraday rebound, the outlook remains negative with sideways consolidation expected unless resistance is broken or further declines occur below immediate support.

Source of Data: FLOW Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.