Flare (FLR) is currently priced at $0.01291822, reflecting a 24-hour change of -2.83%. The asset has oscillated between a high of $0.01329541 and a low of $0.01289644 over the past day, indicating a daily range of approximately 0.00039897, with a trading volume of 4,567,972, translating to a volume-to-market cap ratio of 0.44%.

The hourly moving averages indicate a downward trend, with the 8 SMA at $0.0130 showing a decline of 0.55%, and the 144 SMA at $0.0131 reflecting a more significant decrease of 1.58%. The Relative Strength Index (RSI) for both the 1-hour and 7-day periods stands at 48 and 45, respectively, suggesting that FLR is near neutral territory but leaning towards oversold conditions given the overall downtrend in the past 30 days.

Over the past week, FLR has experienced a price decline of approximately 6.53%, while the 14-day and 30-day price changes are -3.49% and -20.54%, respectively. This persistent downtrend, coupled with the proximity of current prices to the all-time high of $0.150073 reached on January 10, 2023, indicates significant bearish sentiment in the market.

Given the technical indicators pointing towards further declines and the negative price momentum observed over multiple time frames, the current market conditions do not favor a bullish outlook. Thus, the recommendation is to Hold FLR, as the asset may see consolidation before any potential recovery, allowing traders to reassess positions when clearer bullish signals emerge.