Flare (FLR) is currently priced at $0.01479, reflecting a 24-hour decline of 1.93%. The price movement is within a daily range of $0.00053908, with the highest price recorded at $0.01514 and the lowest at $0.01460, indicating limited volatility in the short term.

Trading volume has reached 7,293,160, contributing to a relatively low volume-to-market cap ratio of 0.63%. The hourly moving averages indicate mixed signals; the 8 SMA is up by 0.76%, while the 144 SMA shows a decline of 1.30%, suggesting a lack of consensus among traders on short-term direction.

The 1-hour RSI stands at 43, which suggests that FLR is nearing oversold conditions, while the 7-day RSI at 46 reflects a similar sentiment over a longer time frame. The 7-day price change is down 7.83%, and the 14-day and 30-day changes indicate a more significant bearish trend, down 12.22% and 36.93%, respectively.

Flare’s all-time high remains significantly higher at $0.150073, achieved on January 10, 2023, highlighting the steep decline from previous peaks. The current price is approximately 90% below this level, indicating substantial market correction and a lack of bullish momentum in recent months.

Considering the technical indicators and price action, FLR is showing signs of weakness with a negative trend over the past month. However, the oversold RSI conditions may provide a potential short-term rebound opportunity.

Given the overall bearish sentiment and lack of strong buying signals, the recommendation for Flare (FLR) is to Hold. This strategy allows investors to monitor market conditions for a clearer bullish reversal before making a more definitive trading decision.