FLNC is accumulating strength in preparation for an upward breakout. From a technical perspective, the price is expected to form a rebound at the bottom of the channel, with the key being whether we can see effective separation between EMA10 (green line) and EMA20 (blue line), accompanied by expanding trading volume. The large volume traded last Friday has already sent several signals; such a volume breakout usually indicates the potential for new highs.
The performance of the Stoch RSI indicator also looks quite good, with a high degree of alignment with the overall technical picture. If the breakout proceeds smoothly, the first key resistance level will be around $32.50 at the upper boundary of the channel. The subsequent trend will also depend on whether trading volume can continue to support the upward movement of the price.
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OnlyOnMainnet
· 01-07 14:29
Last Friday's trading volume was truly impressive. It feels like FLNC might have something this time.
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tx_or_didn't_happen
· 01-07 14:16
Last Friday's volume definitely showed some activity. It would be great if the EMA could truly diverge. Currently, we're still observing.
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ProposalDetective
· 01-07 11:29
I've heard the narrative of volume breaking through support too many times. I hope this time it's not just another false alarm.
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StablecoinGuardian
· 01-04 16:51
The breakout in volume definitely needs to be closely watched. I also saw the trading volume during last Friday's surge and felt there's something there.
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fren.eth
· 01-04 16:51
The idea of a volume breakout has been heard too many times; the key is whether it can hold steady above 32.50.
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HashRateHermit
· 01-04 16:50
I've heard the idea of a volume breakout so many times. Was last Friday's trading volume a signal? Can't we stop hyping it up like this?
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AirdropHunter
· 01-04 16:50
The breakout in volume is really interesting. I felt comfortable watching that bullish candle last Friday.
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If EMA divergence can really pick up, let's see if it can break through 32.5 first.
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You need to keep up with the trading volume; otherwise, it's just a false breakout. I've seen this trick too many times.
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High correlation with Stoch RSI? Don't get ahead of yourself. The key is whether it can stabilize.
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During the quiet period before the breakout, I bet the bottom is right here.
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Is 32.5 resistance? This price level was tested more than once last year, so it's a bit uncertain.
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The expansion of volume sounds good, but has the trading amount really increased? Don't just tell me about the price increase.
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If this wave fails, I'll just laugh. Another false breakout.
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AirdropLicker
· 01-04 16:38
The trading volume is indeed accumulating; it all depends on whether it can truly break away.
Wait, was last Friday's volume real or just institutions testing the waters?
If it doesn't break 32.5, I'll cut my losses. This kind of fluctuation is really annoying.
I'm tired of EMA divergence; every time they say there's hope, but it turns out... forget it, just hold on for now.
Trading volume needs to continue, or it's just a fake breakout trick.
FLNC is accumulating strength in preparation for an upward breakout. From a technical perspective, the price is expected to form a rebound at the bottom of the channel, with the key being whether we can see effective separation between EMA10 (green line) and EMA20 (blue line), accompanied by expanding trading volume. The large volume traded last Friday has already sent several signals; such a volume breakout usually indicates the potential for new highs.
The performance of the Stoch RSI indicator also looks quite good, with a high degree of alignment with the overall technical picture. If the breakout proceeds smoothly, the first key resistance level will be around $32.50 at the upper boundary of the channel. The subsequent trend will also depend on whether trading volume can continue to support the upward movement of the price.