🚀 Flare (FLR) Analysis on Coinbase (1D Chart) 🚀

Date: January 13, 2025

Current Price: $0.02391 (-1.20%)

Key Levels:
- Resistance: $0.02600
- Support: $0.02220

Trend Analysis:
- FLR is currently in a downtrend, as shown by the descending trendline.
- The price is below the moving average, indicating bearish momentum.

Potential Scenarios:
1. Bearish Continuation: If the price remains below the moving average and respects the downtrend, expect a move towards the support at $0.02220.
2. Reversal: A break above $0.02600 could signal a bullish reversal.
3. Consolidation: Price might also trade sideways between the support and resistance.

Stay tuned for more updates! 📊 
#Flare #CryptoAnalysis