Flow technical analysis: Pullback puts $0.0292 support in focus

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Flow slides 9.6% today to $0.0304

Highlights

FLOW/USD trades below key moving averages on hourly and daily charts, showing persistent selling pressure across multiple timeframes.
Price dropped 9.6% to $0.0304 and intraday momentum confirms a strong bearish trend with sellers dominating.
Expected price range is $0.0292 to $0.0322 in the next 2 to 3 days, with a high probability of further declines unless $0.0327 resistance is reclaimed.

Technical weakness persists as selling pressure outweighs oversold signals

The hourly chart shows FLOW trading below its MA-20 at $0.0326 and MA-50 at $0.0327, while the daily MA-200 is higher at $0.0314. The Ichimoku Kijun sits at $0.0327, marking immediate resistance. MACD signals Sell, with ADX at Neutral, indicating weak directional strength. RSI is at 37.17 (Sell), Stochastic RSI remains Neutral, and CCI is Oversold, suggesting extended downside but little buying interest so far. Bull/Bear Power and the Awesome Oscillator both point to dominant selling activity intraday.

Volatility likely to persist as recovery faces tough resistance

Over the next 2–3 trading days, FLOW is expected to remain volatile within a range of $0.0292–$0.0322. The probability of an upside move is very low, while downside risk remains high. Most likely, price will consolidate between recent support and resistance, but a break above $0.0327 is needed to signal recovery, while a decisive move below $0.0292 could accelerate further declines.

Viktoras Karapetjanc, analyst at Traders Union, sees FLOW under pressure with persistent bearish sentiment and lack of fresh news to spur optimism. He notes the price remains subdued below key averages and technicals signal further risk of downside. However, Karapetjanc believes consolidation could still offer a setup if short-term buyers return near support. He remains cautiously constructive, but emphasizes that a clear recovery requires a reclaim of $0.0327. "If FLOW can regain $0.0327 in the coming days, sentiment could shift quickly — for now, I’m waiting for buyers to show their hand."

Earlier, analysts noted that Flow was showing strong bullish momentum while highlighting the risk of near-term pullbacks due to volatility and potential overbought conditions. The current breakdown below major moving averages and persistent weakness confirms a reversal in market structure, making a sustained move above $0.0327 the key level to watch for any signs of recovery.

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.