$FLOKI (FLOKI) Technical Analysis
Current Price: $0.00024876
24h High: $0.00026578
24h Low: $0.00024377
24h Vol(FLOKI): 579.49B
24h Vol(USDT): 149.05M
Market Outlook:
The $FLOKI chart shows a bearish trend with a potential downward movement. The price has broken below the support level of $0.00025000, indicating a strong bearish momentum.
Trade Strategy:
Long Trade:
* Entry: $0.00025000 (Previous Support)
* Target: $0.00027000
* Stop Loss: $0.00023000
* Leverage: 2x
Short Trade:
* Entry: $0.00024876 (Current Price)
* Target: $0.00023000
* Stop Loss: $0.00026000
* Leverage: 2x
Conclusion:
FLOKI is currently in a bearish trend, and the price is likely to continue its downward movement. Short positions are recommended with a target of $0.00023000 and a stop loss of $0.00026000. However, traders should be cautious as the market is volatile, and the price could reverse direction.