FLM has conquered the $0.50 zone and this support is a very important area for FLM at this stage because if it loses this zone, it will have a correction to the $0.4 zone. But now, FLM is moving towards the $0.7 and $1.1 zone

📈RED PLAN
🔴Buy : 0.488-0.512$. SL if B
📉BLUE PLAN
🔴Sell : 0.68-0.72$. SL if A 🔴Sell : 1.07-1.13$. SL if A
🟣PURPLE PLAN
🔵Sell : 0.488-0.512$ if B. SL if A 🔵Buy : 0.39-0.41$. SL if B
❓Details
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • Flamingo is an interoperable, full-stack decentralized finance protocol built on the Neo blockchain.
  • Flamingo is comprised of six main components:
    • Wrapper: A crosschain asset gateway.
    • Swap: An on-chain liquidity provider.
    • Vault: A one-stop asset manager.
    • FUSD: A synthetic stablecoin asset.
    • Perp: An AMM-based perpetual contract trading platform.
    • DAO: A Decentralized Autonomous Organization (DAO) for platform governance.
  • The FLM token is the governance token of Flamingo. FLM holders can vote for changes in platform parameters, issuance of new FLM tokens, etc.
  • During the early stage of the Flamingo project, the FLM supply will be distributed for the following use cases:
    • Staking cross-chain assets.
    • Staking Liquidity Provider (LP) tokens.
    • Minting FUSD, Flamingo's synthetic stablecoin asset.
    • Depositing FUSD as margins to trade perpetual contracts.
    • Participating in DAO governance.