$FLOKI

/USDT: Technical Analysis & Targets 🎯

FLOKI’s recent rally has caught the attention of traders, climbing +9.65% in the past 24 hours. Let’s dive into the chart to analyze its next moves and set 3 potential targets.

Current Price: $0.00024267

Resistance Zone: $0.00028300

Support Zone: $0.00021428

Technical Indicators:

RSI: Showing signs of overbought territory, hinting at a potential short-term correction.

Moving Averages: FLOKI is trading above its 50 EMA, confirming a bullish trend.

Volume: A sharp increase in 24h volume reflects strong buying interest.

Targets 🎯

1. Target 1: $0.00025500

A minor resistance where traders might take partial profits.

2. Target 2: $0.00027000

A key level, breaking above could indicate further bullish momentum.

3. Target 3: $0.00030000

A psychological barrier and strong resistance. If achieved, it signals a major breakout.

Strategy:

Watch for a pullback to the support zone ($0.00021428) for re-entry. A breakout above $0.00028300 could accelerate towards our final target.

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