FLUX
FLUX/USDT Breakout !!!! Preparing for the next pumpFLUX made an almost 500% pump in the last month. Since the ATH made a 50% correction. FLUX has broken the downtrend twice after finding support at 0.786 fib and a strong support order block (confluence area - Yellow box). We can see a similar pattern in Kadena (KDA) where they both ride together. At this stage, we can see a massive accumulation happening (refer to the VPVR) before the mega pump. If FLUX pumps from here and breaks the current resistance around $2.3 we will see a new ATH soon. If the support doesn't hold we might see a bounce back from 50 EMA. Also, keep an eye on 21EMA acting as resistance in the short term.
This is not financial advice please DYOR. This is coin has great fundamentals recommended to accumulate for the long term.
FLUX Power Holdings Y/Y Q1 Revenue Increased By 135%Flux Power Holdings, Inc. engages in the design, development, and sale of rechargeable lithium-ion energy storage systems for industrial applications.
Q1’21 revenue grew 135% to $4.5M compared to Q1’20 revenue of $1.9M
The MARKET CAP is 123.907M.
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