Fleek ($FLK) is the native token powering the Fleek Network — a decentralized infrastructure platform designed to host web services on Web3-native edge computing. The token has recently drawn attention due to price volatility and renewed developer activity. As of now, FLK trades near $0.212, reflecting slight bearish pressure with daily fluctuations between $0.194 and $0.313.
From a technical standpoint, $FLK is attempting to stabilize after a series of retracements that followed its listing momentum. The Relative Strength Index (RSI), a popular momentum oscillator, currently hovers below 30, signaling an oversold condition. In technical analysis, an RSI under 30 implies that the asset may be undervalued or due for a corrective rebound. However, given FLK’s modest liquidity and early-stage nature, such oversold phases can persist longer than expected. Still, traders are cautiously optimistic about a potential reversal if buying volume increases near support zones.
The Moving Average Convergence Divergence (MACD) also hints at an early bullish crossover, suggesting waning bearish momentum. If the RSI begins to climb toward the 40–50 region while MACD maintains positive divergence, $FLK could trigger a short-term recovery.
Turning to Support and Resistance (S/R) zones: • Primary Support: The first key support lies between $0.17 – $0.18, a historically strong base where buying interest tends to reappear. • Secondary Support: Around $0.16, which serves as a deeper cushion if the market sentiment weakens. • Immediate Resistance: The $0.25 – $0.26 range stands as the nearest resistance zone; breaking above it could attract bullish momentum. • Major Resistance: Between $0.30 – $0.33, marking a crucial barrier toward the projected mid-term target of $0.323.
If $FLK successfully breaches $0.26 with consistent trading volume, a short-term rally toward $0.30 – $0.33 becomes highly plausible. Above $0.33, a breakout continuation could extend gains toward $0.37 and beyond. Conversely, if price action fails to hold $0.17 support, bearish sentiment could drive it lower toward $0.15, erasing short-term recovery hopes.#PostToWinFLK并附上参与活动的截图,就有机会瓜分200个FLK奖励。一等奖50个FLK的重磅激励,以及二、三等奖的梯度奖励,让这场创作竞赛充满吸引力。 $FLK
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Fleek ($FLK) is the native token powering the Fleek Network — a decentralized infrastructure platform designed to host web services on Web3-native edge computing. The token has recently drawn attention due to price volatility and renewed developer activity. As of now, FLK trades near $0.212, reflecting slight bearish pressure with daily fluctuations between $0.194 and $0.313.
From a technical standpoint, $FLK is attempting to stabilize after a series of retracements that followed its listing momentum. The Relative Strength Index (RSI), a popular momentum oscillator, currently hovers below 30, signaling an oversold condition. In technical analysis, an RSI under 30 implies that the asset may be undervalued or due for a corrective rebound. However, given FLK’s modest liquidity and early-stage nature, such oversold phases can persist longer than expected. Still, traders are cautiously optimistic about a potential reversal if buying volume increases near support zones.
The Moving Average Convergence Divergence (MACD) also hints at an early bullish crossover, suggesting waning bearish momentum. If the RSI begins to climb toward the 40–50 region while MACD maintains positive divergence, $FLK could trigger a short-term recovery.
Turning to Support and Resistance (S/R) zones:
• Primary Support: The first key support lies between $0.17 – $0.18, a historically strong base where buying interest tends to reappear.
• Secondary Support: Around $0.16, which serves as a deeper cushion if the market sentiment weakens.
• Immediate Resistance: The $0.25 – $0.26 range stands as the nearest resistance zone; breaking above it could attract bullish momentum.
• Major Resistance: Between $0.30 – $0.33, marking a crucial barrier toward the projected mid-term target of $0.323.
If $FLK successfully breaches $0.26 with consistent trading volume, a short-term rally toward $0.30 – $0.33 becomes highly plausible. Above $0.33, a breakout continuation could extend gains toward $0.37 and beyond. Conversely, if price action fails to hold $0.17 support, bearish sentiment could drive it lower toward $0.15, erasing short-term recovery hopes.#PostToWinFLK并附上参与活动的截图,就有机会瓜分200个FLK奖励。一等奖50个FLK的重磅激励,以及二、三等奖的梯度奖励,让这场创作竞赛充满吸引力。 $FLK