Technical analysis by HoloMundo about Symbol FLOW: Buy recommendation (1/14/2025)

The big wave 1 of FLOW created a BOS that broke the previous long-term downtrend. After this break, the price returns to the previous cumulative area test and is signaling back to the upward momentum from today! The accumulation phase is 5 months long (from June - November), if you zoom in on the chart, you can see that this accumulation phase is a Spring shot according to Wyckoff theory. The price area below $1.5 is most likely the long-term accumulation area of FLOW. Therefore, if you only trade #spot, buy at the price below $0.8 to get the best entry.