FLUX/USDT โ Major Trendline Breakout!
๐ Technical Analysis Overview (Daily Timeframe)
After months of persistent downtrend pressure since late 2024, FLUX/USDT has finally flashed a high-probability bullish reversal signal. The recent breakout above a long-standing descending trendline may mark the beginning of a new bullish structure that could fuel an explosive upside move.
๐ Market Structure & Technical Pattern
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Descending Trendline Breakout:
FLUX has successfully broken out of the dominant bearish trendline that has acted as resistance since December 2024. This breakout is an early sign of a trend reversal, shifting momentum in favor of the bulls.
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Demand Zone Reclaim (0.22 โ 0.26 USDT):
This critical horizontal range has served as both support and resistance in recent months. Price has now reclaimed this zone with strength, indicating renewed buying pressure and a possible shift into accumulation or markup phase.
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Bullish Breakout Candle:
A strong bullish candle has closed above both the descending trendline and the demand zone, confirming breakout strength and increasing the odds of bullish continuation.
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Potential Bullish Continuation Setup:
If the price holds above 0.26 and prints a higher low, this will likely confirm a bullish structure and support a continuation move toward key resistance levels.
๐ Bullish Scenario โ Potential Upside Targets
Should bullish momentum sustain, here are the major resistance levels to watch:
1. 0.3085 USDT โ Immediate resistance zone.
2. 0.3522 USDT โ Historical horizontal resistance.
3. 0.4535 โ 0.5336 USDT โ Consolidation range from Q1 2025.
4. 0.6870 USDT โ Psychological level and potential Fibonacci confluence.
5. 0.7646 โ 0.8959 USDT โ Long-term bullish target, up to +200% from current levels.
๐ Note: A breakout supported by strong volume will add greater confirmation to the bullish thesis.
๐ Bearish Scenario โ Watch Out for a Fakeout
Although the breakout looks promising, risks remain:
If the price fails to hold above 0.26, it may result in a false breakout.
A break below 0.24 could push price back into the 0.20 โ 0.22 USDT zone.
If selling intensifies, FLUX may retest the 0.1653 USDT low.
โ ๏ธ Always manage risk. A re-entry below the broken support would invalidate the breakout setup.
๐ Summary Strategy:
โ
Confirmed breakout from multi-month downtrend structure.
๐จ Demand zone has flipped into support.
๐ Multiple upside targets with strong reward-to-risk potential.
โ ๏ธ Watch for confirmation via volume and price retest behavior.
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