Technical analysis by MadWhale about Symbol FLR: Buy recommendation (9/29/2025)

Hello✌️ Let’s analyze Flare’s price action both technically and fundamentally 📈. 🔍Fundamental analysis: Flare launched FXRP on Sept 24, 2025, unlocking $2.1B in XRP for DeFi with trading up 347%. Big players like VivoPower ($100M) and BitGo custody show rising institutional interest. This could boost FLR utility & reduce sell pressure, though regulation risk remains. 📊Technical analysis: FLRUSDT is currently trading close to a daily trendline and a key support level. If this area holds and price manages to break above the daily resistance highlighted on the chart, a potential upside move of around 15% could develop toward the 0.0297 target. 📊🚀 📈Using My Analysis to Open Your Position: You can use my fundamental and technical insights along with the chart. The red and green arrows on the left help you set entry, take-profit, and stop-loss levels, serving as clear signals for your trades.⚡️ Also, please review the TradingView disclaimer carefully.🛡 ✨We put love into every post! Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale