FLO/KIUSDT – 8H – SELL

The 8H chart for FLO/KIUSDT has fired a cluster of bearish signals, including a Bear Pennant pattern, DI and DM crosses to the downside, a KDJ cross down, and an SMI signal cross down. These indicators collectively point to a continuation of the prevailing downtrend, with the bearish momentum likely to push price toward the nearest support at 0.00002. The alignment across multiple timeframes is mixed but leans bearish: while the 15m and 30m show bearish trends forming, the 1H to 12H timeframes are bearish but choppy, indicating that the trend is not strongly established on higher timeframes. The 1D is still bullish, which could act as a counter-trend force.

The key levels to watch are the nearest resistance at 0.00003 and support at 0.00002. A break below support would confirm the bearish continuation, while a reclaim of resistance would invalidate the setup. The presence of multiple bearish signals, including the Bear Pennant and various cross-downs, suggests that sellers are in control, but the choppy higher timeframes warrant caution. Traders should monitor price action at these levels for confirmation of the trend's direction.