🚨 **Short Trade Opportunity Spotted on
$FLOKI /USDT** 🚨
**Key Observations:**
- **Price Action**: FLOKI is currently trading at **0.00007607**, showing a recent 12.46% rally. However, it faces rejection near the **24h High (0.00008099)** and is hovering close to the **Bollinger Band Lower Line (0.00007567)**.
- **Indicators**:
- **BOLL Bands**: Price is testing the lower band. A breakdown below **0.00007567** could trigger further downside.
- **STOCHRSI**: Deeply oversold at **2.41**, but momentum remains bearish.
- **Volume**: Declining volume below MA(5) and MA(10) suggests weakening bullish momentum.
- **Trend**: Short-term gains (+38.38% in 7 days) are overshadowed by longer-term bearishness (-46.14% in 90 days).
**Trade Setup**:
- **Entry Zone**: **0.00007550 - 0.00007600** (break below Bollinger Lower Band).
- **Targets**:
- TP1: **0.00007225** (next support level)
- TP2: **0.00006994** (April 25 low)
- **Stop Loss**: **0.00007820** (above Bollinger Middle Band).
**Risk Note**: Watch for a potential bounce if price holds the lower band. Use tight risk management!
📉 **Bearish momentum may resume – stay alert!**
#floki #MEMECOİN #USDTfree #crypto #TradingSignals *Always do your own research and manage risk.*