Flare (FLR) is currently priced at $0.01277742, reflecting a 24-hour decline of 1.63%. The daily trading range has been tight, with a high of $0.01307098 and a low of $0.01272407, indicating a lack of volatility that may deter new traders.

The trading volume stands at 4,749,836, with a volume-to-market cap ratio of 0.46%, suggesting relatively low trading activity compared to the market cap. Short-term moving averages, particularly the 8 SMA at $0.0129 and the 13 SMA at $0.0130, indicate bearish momentum as all are showing negative changes, reinforcing the weakness in price action.

The 1-hour RSI at 28 signals that FLR is in oversold territory, indicating a potential short-term reversal but also highlights the current selling pressure. Meanwhile, the 7-day RSI at 46 suggests that the asset has yet to reach a critical oversold level, leaving room for further downside in the near term.

Over the past week, FLR has declined by approximately 8.71%, while the 14-day and 30-day changes show more significant downturns of -10.06% and -21.32%, respectively, indicating a strong bearish trend. The asset is far from its all-time high of $0.150073, reached in January 2023, emphasizing the drastic decline in investor sentiment.

Given the combination of bearish technical indicators and significant declines over multiple time frames, it is advisable to adopt a cautious approach. The current market conditions suggest maintaining a Sell rating for FLR, as the asset is likely to face continued pressure until a reversal pattern emerges alongside improved volume and bullish momentum.