Flare (FLR) is currently priced at $0.01053679, reflecting a 24-hour change of 2.34%. The price has shown resilience with a daily range of $0.00031766, having reached a high of $0.01054898 and a low of $0.01023132 in the past day.

The trading volume stands at 4,398,198, indicating a relatively low market activity with a volume-to-market cap ratio of 0.50%. Short-term moving averages show bullish momentum, with the 8 SMA at $0.0105 (+0.25%), 13 SMA at $0.0105 (+0.82%), and 21 SMA at $0.0104 (+1.32%), suggesting a positive trend in the immediate timeframe.

The 1-hour RSI is at a significantly high level of 83, indicating overbought conditions, which may lead to a price correction soon. However, the 7-day RSI at 53 points to a more balanced market sentiment, indicating potential for further upward movement without immediate overextension.

Despite a recent 14-day price decline of -6.44% and a 30-day change of -6.59%, the 7-day price change of +1.09% suggests a short-term recovery phase. The all-time high for FLR remains at $0.150073, established on January 10, 2023, indicating a substantial upside potential should bullish momentum sustain.

Given the current technical indicators, particularly the positive short-term moving averages and the 7-day RSI, while acknowledging the overbought signal from the 1-hour RSI, a cautious stance is warranted. The recommendation is to Hold, as further upward movement is possible but should be approached with caution due to the risk of a price correction.