Flare (FLR) is currently trading at $0.01201385, reflecting a 24-hour change of -2.01%. The price is approaching the lower end of its recent trading range, with a daily high of $0.01229728 and a low of $0.01197032, indicating a narrow daily range of just $0.00032696.

The trading volume stands at 4,715,227, representing 0.49% of its market cap, suggesting low trading activity relative to the asset's market value. The hourly and daily moving averages are bearish; the 8 SMA is at $0.0121 (-0.99%), while the 144 SMA is significantly higher at $0.0126 (-4.43%), indicating persistent downward pressure over the short to medium term.

Momentum indicators show a concerning trend, with the 1-hour RSI at 30, indicating oversold conditions, and the 7-day RSI at 39, signaling potential weakness. Over the past week, the price has decreased by 8.47%, while the 14-day and 30-day changes of -12.46% and -15.53%, respectively, reflect ongoing selling pressure.

Flare’s all-time high of $0.150073, achieved in January 2023, serves as a stark contrast to its current price, demonstrating a significant drop of approximately 91.98%. This stark decline, combined with negative momentum indicators, suggests that investor sentiment remains weak.

Given the current price action, bearish moving averages, and negative momentum indicators, the recommendation is to Sell. The lack of bullish signals and continued downtrend indicates further downside potential in the near term.