📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Is Flow (FLOW) Gearing Up For Its Rebound? This Pattern Says Yes!
Date: Mon, May 05, 2025 | 03:47 AM GMT
After a brutal Q1 where Ethereum (ETH) alone crashed 45%, the crypto market is finally showing signs of a comeback. ETH has bounced 30% from its April 7 low—and it's not the only one. Flow (FLOW), a once-sidelined altcoin, has surged nearly 37% since its April dip. But $FLOW has cooled off recently, down more than 6% over the past week. So, is this just a healthy pullback—or the start of another bearish leg? A closer look at the chart may hold the answer.
Source: Coinmarketcap A Bullish Inverse Head and Shoulders Is Forming On the daily chart, FLOW is shaping up a textbook Inverse Head and Shoulders pattern—a classic signal of a bullish reversal. This setup often suggests that selling pressure is fading and a trend change could be coming.
FLOW Daily Chart/Coinsprobe (Source: Tradingview) Let’s break it down:
Left Shoulder: FLOW found support around $0.35 in mid-March after getting rejected near the $0.46 zone.Head: The token plunged to a low of around $0.30 on April 7, forming the head of the pattern.Right Shoulder: Recently, FLOW rebounded sharply to retest the neckline near $0.41, before pulling back again to $0.37, likely completing the right shoulder.
What’s Next for FLOW If this pattern plays out fully, FLOW may dip slightly more to confirm support around the $0.32–$0.34 zone, finishing off the right shoulder. A breakout above the neckline (around $0.41–$0.42) could then trigger a strong move higher. Target? The projected upside from this breakout is around $0.52, which would represent a 52% rally from the current price. Of course, patterns don’t guarantee outcomes. Volume confirmation and momentum will be key in validating the breakout. But for now, the structure is promising. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.