$FLOKI /USDT 4-Hour Chart Analysis

Key Levels:

Support Zone: $0.0001120

Resistance (TP1): $0.0001350

Target (TP2): $0.0001450

Current Setup:
FLOKI is gradually moving upward after bouncing from the $0.0001120 support level (highlighted in purple). The price is now approaching a significant resistance zone around $0.0001350 (TP1). A successful breakout from this resistance level could spark further upward momentum toward $0.0001450 (TP2).

Breakout and Retest Possibility:
A breakout above $0.0001350 (TP1) and a potential retest would confirm a bullish continuation pattern, opening the doors for further gains. The level $0.0001350 serves as a crucial resistance, which, if breached, could lead to a rapid move towards the next target of $0.0001450 (TP2).

Bullish Scenario:

Breakout Above $0.0001350: A breakout followed by a retest of this resistance zone could see FLOKI pushing toward the next target at $0.0001450 (TP2). This move would indicate strong buying interest and continuation of the uptrend.

Bearish Scenario:

Rejection at $0.0001350: If FLOKI fails to break the resistance level, it could result in a retracement back toward the $0.0001120 support zone. A breakdown below this support would signal further downside potential.

Conclusion:
FLOKI is heading toward a key resistance at $0.0001350 (TP1). A successful breakout and retest would target $0.0001450 (TP2). Traders should closely monitor the price action near $0.0001350 for signs of a breakout or rejection. The support at $0.0001120 remains a key level to watch for potential pullbacks.

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