FLTUSDT: breakout, retest done, potential 16x gains!!

11 gru

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Let's analyse FLTUSDTUSDT:

TECHNICAL ANALYSIS:
FLT has successfully broken out of a symmetrical triangle pattern, indicating a potential bullish trend reversal. The recent dip appears to be a healthy retest of the breakout level.
The price is currently holding strong support from the 50-day and 100-day EMAs on the daily timeframe. However, the 200-day EMA at 0.4701 acts as a significant resistance level.
A potential listing on Tier-1 exchanges could significantly boost FLT's market cap and lead to substantial price appreciation. With a potential 1700% upside from current levels, FLT presents an attractive investment opportunity.

Key Level:
Entry zone: Current Market Price to $0.30

Targets:
$0.47 (For leveraged trade)
$0.68 (For leveraged trade)
$1.33 (Spot holding)
$5.70 (Spot holding)

FUNDAMENTAL ANALYSIS:
Fluence, a decentralized cloudless computing platform, offers a scalable, cost-effective, and secure solution for various applications. It leverages excess compute capacity from top-tier data centers to provide serverless computing, data processing, and blockchain optimization. Fluence's decentralized infrastructure and wide range of applications make it a valuable tool for developers and businesses.

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Happy Trading!!