The Critical Support Level
FLOW experiences notable daily growth, confronting resistance with a positive trendline. A potential break below the trendline may lead to a drop to key support at $0.537, presenting a potential rebound opportunity.
12/4/20231 min read
FLOW has shown significant growth in its daily trading chart, overcoming previous levels where sellers were dominant.
However, it encountered resistance at a certain point, preventing further price increase. Despite this, the overall daily trend remains positive, as indicated by an upward trendline.
If it breaks below this trendline, its price could drop to a key support level, which is around $0.537. At this price point, we might see a rebound in the price.