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$FLUX experienced a massive, over 74% vertical pump to $0.2750, driven by extreme volume.
However, the immediate rejection (the large red wick) shows that profit-taking is aggressively underway. We are now in a high-risk correction phase.
Extreme caution. The price is likely to cool down. High-risk SHORT scalp as momentum falters.
🔹Target (T1): The key previous consolidation zone around $0.16.
🔹 Invalidation: A convincing 4H candle close back above $0.20.
Volatility is high; be very careful.
#flux #GregLens