Flare (FLR) is currently priced at $0.01107792, reflecting a 24-hour decline of 2.19%. The daily trading range shows a high of $0.01139865 and a low of $0.01104553, indicating limited volatility with a narrow range of 0.00035312%.

The volume traded in the last 24 hours stands at 6,055,891, which corresponds to a volume-to-market cap ratio of 0.66%. Short-term moving averages indicate bearish sentiment, with the 8 SMA at $0.0111 down 0.29% and the 55 SMA at $0.0114 down 2.88%, suggesting a consistent downward trend.

The one-hour Relative Strength Index (RSI) is at 27, indicating oversold conditions, while the seven-day RSI is at 49, reflecting neutral momentum. Over the past week, FLR has declined by 1.67%, but it has seen a slight increase of 3.28% over the past 14 days, hinting at potential short-term recovery.

Despite the current price being significantly below the all-time high of $0.150073 reached on January 10, 2023, the recent price changes indicate a lack of strong bullish momentum. The market sentiment appears cautious with the prevailing downtrend, which could limit upward movement in the near term.

Given the current technical indicators, including bearish moving averages and the oversold one-hour RSI, a Hold rating is advisable. This rating reflects the need to monitor for potential recovery signals while recognizing the prevailing downward pressure on price action.