$FLOKI /USDT is trading at 0.00028220, showing a 16.09% increase in the last 24 hours, indicating strong bullish momentum. The immediate resistance is at 0.00028540, while support is established at 0.00027600. A suggested entry point for a long position is around 0.00028250, with take-profit targets at 0.00028400, 0.00028600, and 0.00028850 for short-term gains. To manage downside risk, a stop-loss can be placed at 0.00027400.
With the RSI at 75, the asset is entering overbought territory, signaling the potential for continued upward movement, but caution is advised for possible pullbacks. Traders should monitor volume and price action for confirmation of the trend.