Will Flow stabilize above $0.0278 support amid continued seller dominance?

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Flow slides 8.38% today to $0.0299

Highlights

FLOW/USD trades below key moving averages on both hourly and daily charts, showing a persistent bearish structure.
Momentum indicators are firmly bearish with oversold readings and sellers dominating intra-day, aligning with aggressive downside activity.
The expected trading range over the next 2 to 3 days is $0.0278 to $0.032 with a very high probability of continued downside unless $0.0313 is reclaimed.

Bearish momentum intensifies as resistance holds and indicators weaken

On the technical front, FLOW remains below the MA-20 at $0.0309 and MA-50 at $0.0322 on the hourly chart, with the daily close also under the MA-200 at $0.0311. Immediate resistance is defined by the Ichimoku Kijun at $0.0313, while near-term support sits at $0.0278. Momentum indicators are bearish: MACD, ADX, and Stoch RSI all produce sell signals, while RSI at 30.763 and CCI point to oversold conditions. Bull/Bear Power confirms continued seller dominance intraday, in line with strong downside momentum. The Awesome Oscillator is neutral and does not provide an additional bias.

Downside continuation likely as reversal risks remain subdued

Over the next 2–3 days, FLOW is expected to trade within a typical volatility band of $0.0278 to $0.032. The risk of an upside reversal remains very low, while the probability of continued downside action is high. The base scenario anticipates price stabilization inside this range. A move above the $0.0313 Kijun resistance would open the door to a bullish scenario, while a sustained break below $0.0278 would confirm further bearish extension.

Anton Kharitonov, expert at Traders Union, notes that FLOW is under pressure with price holding below all key technical averages. He sees strong bearish momentum backed by sell signals on MACD, ADX, and Stoch RSI, as well as oversold readings on the daily chart. The analyst identifies the $0.0313 level as crucial for any bullish case, while a break under $0.0278 could deepen losses. "Base scenario is sideways to weaker, with sellers firmly in control unless we see a sharp move back above resistance," Kharitonov states.

Earlier, analysts noted that Flow faced sustained technical weakness and ongoing downside pressure. The latest analysis reinforces this bearish outlook, with persistent negative momentum suggesting traders should closely monitor for a potential breakdown below $0.0278 as the next key risk.

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.