🚨 $FLOKI

/USDT Technical Analysis 🚨

The FLOKI/USDT pair has been experiencing a decline recently, with the price dropping by 4.66% in the last 24 hours. Here’s a quick breakdown of the price action and three important targets for traders:

Current Price: 0.00022133 USDT

24h High: 0.00024810 USDT

24h Low: 0.00020359 USDT

🔴 Key Observations:

1. FLOKI has been under pressure with a consistent drop across different time frames:

15m: -2.81%

1h: -5.22%

4h: -8.18%

1d: -13.55%

2. The price is approaching the support zone around 0.00020359 USDT, which could provide an entry opportunity if the support holds.

3. A potential breakout point lies at 0.00023780 USDT, where a reversal to the upside may occur.

🔮 Target Levels:

Target 1: 0.00024000 USDT – A short-term resistance, watch for a bounce here.

Target 2: 0.00024500 USDT – A key level to test if the price moves upwards.

Target 3: 0.00025000 USDT – A higher target where the price could find major resistance.

💡 Important: As FLOKI is showing a downtrend, ensure to watch the price action closely around support levels. A bounce or rejection could provide trading opportunities.

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