Market Overview for Flow (FLOWUSDT) on 2025-07-24

• Flow (FLOWUSDT) dropped 9.8% over 24 hours, closing at $0.407 after a sharp decline from $0.427.
• A bearish engulfing pattern formed at the top of a 15-min consolidation, confirming downward momentum.
• Volume surged in early hours, peaking at 292,065.84, but failed to sustain a rebound above $0.415.
• RSI entered oversold territory below 30, suggesting potential near-term support at $0.403–$0.405.
• Bollinger Bands tightened ahead of the break, signaling a potential continuation of the downward move.

At 12:00 ET–1, Flow (FLOWUSDT) opened at $0.424 and traded as high as $0.427 before closing at $0.407 at 12:00 ET. The 24-hour low was $0.396. Total volume reached 2,250,000.49, and notional turnover was approximately $928,500.

Structure & Formations

The price of Flow exhibited a clear bearish reversal pattern on the 15-minute chart. A strong bearish engulfing candle formed at the peak of a consolidation phase, confirming the breakdown from key resistance near $0.427. The price then tested support levels at $0.415 and $0.405, with the latter showing some consolidation in the final hours. A doji formed near $0.405, signaling potential indecision and possible near-term support.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both trended downward, confirming the bearish bias. The price closed below both lines, suggesting further short-term weakness. On the daily chart, the 50-day MA sits near $0.435, and the 200-day MA at $0.455, placing the current price in a deep bearish territory.

MACD & RSI

The MACD crossed below the signal line in early trading, reinforcing the bearish momentum. RSI dipped into oversold territory (below 30) near $0.405, suggesting the potential for a short-term bounce or consolidation. However, the RSI failed to show a strong rebound above 40, indicating that bearish pressure may persist.

Bollinger Bands

Volatility remained elevated throughout the 24-hour period, with Bollinger Bands expanding as the price declined. The price spent much of the session near the lower band, with a brief attempt to retrace toward the middle band failing. This suggests that Flow could test the lower bound again before any meaningful reversal.

Volume & Turnover

Volume spiked sharply in the early hours of the session, particularly during the breakdown from $0.415. The highest volume spike occurred at 06:00 ET–1, with a notional turnover of $148,000. However, volume began to taper off in the final hours, despite a modest price rebound. This divergence suggests that the rally may lack conviction.

Fibonacci Retracements

Applying Fibonacci levels to the recent 15-minute swing from $0.427 to $0.396, the 38.2% retracement level is at $0.415, and the 61.8% level is at $0.405. The price found support near $0.405, suggesting that a further decline may be limited unless the level breaks decisively.

Flow may test $0.403–$0.405 for support in the next 24 hours. A break below this could target $0.392. Traders should remain cautious, as the bearish momentum remains intact and any rally may be short-lived.