π Paradisers, take a moment to observe #FLRUSDT as it embarks on an interesting journey. Currently, the price is testing an ascending trendline and facing a crucial resistance at $0.03848. A breakthrough above this level could launch a significant bullish campaign to overcome even tougher resistance.
π On the flip side, if NYSE:FLR struggles to surpass this resistance, it's time for a strategic pivot. As astute traders, we're anticipating a bullish recovery from the lower support at $0.03473, including a Fair Value Gap (FVG) level. Given that liquidity has been tapped below this point, a bullish reversal seems highly probable.
π Falling beneath this additional support level could indicate a shift towards a more defined bearish trend, marked by increased selling pressure. Staying vigilant and adaptable is crucial as we navigate the evolving #FLR market dynamics.