💎 Paradisers, direct your attention to the recent intriguing activity of #FLOWUSDT, which is showing a promising hint of a bullish movement. With key support identified at $1.272, the past few days have seen the price engaged in a downward trend within a descending channel.
💎 However, with signs now pointing towards a trend reversal, we're on the lookout for solid confirmation that supports a bullish outlook from this critical support level.In the event that AMEX:FLOW struggles to maintain its footing at the $1.272 support level and dips below, we are prepared for a potential bullish rebound off the secondary support level at $1.205.
💎 It's important to proceed with caution: a fall below this secondary support might indicate a shift to a more definitive bearish trend, accompanied by an uptick in selling pressure. Staying vigilant and adaptable is key as we monitor the developments in the FLOW market.