FLOW
Whoās brave enough to touch a chart that looks like a ski slope straight to zero? According to market chatter, FLOWās been under pressure with weak liquidity and fading hype, but lately the headlines about ecosystem updates and partnerships are starting to creep back in. Thatās usually when smart money quietly accumulates while everyone else memes it to death.
On the 4H chart weāre sitting on a heavy demand pocket after a brutal bleed, with RSI stuck in oversold but curling up. I see a tiny descending wedge/rounding base forming, plus a visible volume bulge right below price, so Iām leaning toward a relief bounce rather than another full leg down. If buyers step in, the first magnet for me is that 0.03 zone, then the thicker supply area around 0.035ā0.04.
My plan: Iām hunting longs on dips near current support, targeting the 0.03/0.035/0.04 clusters and taking partials on the way up ā . If this base cracks and we close a 4H candle clean below the recent low, I assume the bounce idea is dead and Iām out, waiting lower instead. I might be wrong, but ugly charts like this are often where the sneaky 30ā50% bounces are born.