$FLOKI /USDT Analysis
Current Price: $0.00025737
24h High: $0.00026060
24h Low: $0.00022542
24h Vol(FLOKI): 614.60B
24h Vol(USDT): 148.37M
Technical Analysis:
The FLOKI/USDT pair is currently trading above its 20-day Bollinger Band, indicating a bullish trend. The price has recently formed a bullish engulfing candle, confirming the upward momentum.
Trade Ideas:
Long Entry: $0.00025737 (Current Price)
Long Target: $0.00026060 (24h High)
Long Stop Loss: $0.00022542 (24h Low)
Leverage: 2x (Recommended)
Short Entry: $0.00026060 (24h High)
Short Target: $0.00022542 (24h Low)
Short Stop Loss: $0.00028698 (Resistance Level)
Leverage: 2x (Recommended)
Market Outlook:
The bullish engulfing candle and the price action above the 20-day Bollinger Band suggest that the market is likely to continue its upward trend. However, traders should be cautious as the market is currently overbought. A pullback to the 20-day Bollinger Band could be a good buying opportunity.