a short technical analysis for $FLOKI

/USDT, including trade signals and target levels:🔥💯

Technical Analysis (FLOKI/USDT)

Current Price: 0.00018019 USDT

Trend: The price shows an upward trend (+2.31%) in the last 24 hours, indicating short-term bullish momentum.

Support Level: 0.00016852 (recent 24h low) – this is a strong support level, with the price likely bouncing upwards if it retraces.

Resistance Level: 0.00018275 (recent 24h high) – indicates a potential hurdle for the uptrend.

Trade Signal:

Bullish Scenario: If FLOKI breaks above the 0.00018275 resistance, it may continue higher, and buying on this breakout could offer opportunities.

Bearish Scenario: If the price falls below 0.00016852 support, consider shorting with targets at lower levels.

Target Levels 🎯:

1. Target 1: 0.00018500 – Minor resistance, near recent highs.

2. Target 2: 0.00019000 – Next key resistance and psychological level.

3. Target 3: 0.00019500 – The next major resistance area.

Trade Momentum:

Buy signal: If price exceeds 0.00018275 with significant volume, expect further momentum.

Sell signal: If the price drops below 0.00016852, especially on increased selling volume.

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