🚨 $FLOW: Is This a Pump & Dump? 🚨
Immediate support: ~0.079–0.09. Resistance: ~0.13–0.14.
$FLOW/USDT is showing extreme volatility – a 36% drop in 24 hours! 📉 Huge volume discrepancies (730M FLOW vs. 78.89M USDT) suggest weak price support and potential manipulation. Rapid 31-35% swings are raising serious concerns.
While $FLOW itself isn’t historically a scam (built on the Flow blockchain for NFTs & Dapper Labs projects), be wary of fake tokens or manipulated derivatives on less reputable exchanges. Shorting carries risk of fast liquidation if another spike occurs.
Always verify exchange legitimacy and the token contract address on the official Flow website. Trade cautiously and only risk what you can afford to lose. Tight stop losses are crucial. 🛡️
#FLOW #CryptoTrading #PumpAndDump #DYOR 🚀
