#FLOKI🔥
《Leading the rebound ———— FLOKI price update》
The independent rise of Bitcoin has taken away most of the market liquidity, making it difficult for altcoins to survive, and their prices are declining day by day. When Bitcoin corrects, it will take altcoins down with it. Only when Bitcoin breaks through, retraces, and stabilizes at support will altcoins have the chance to rebound.
With Bitcoin continuously reaching new highs, the support level has approached the 92000 mark, while the resistance level is around 95200. Meanwhile, the despised Ethereum has fallen to around 3020 support and experienced a useless rebound, with support at around 3050 and resistance at around 3180.
For FLOKI, we entered at around 0.000241 for additional purchases, and the next buy-in position is around 0.00023. Due to untimely notifications, we missed the additional purchase and moved to a sell position. The trend seems to have touched the resistance level of around 0.000267 before starting to decline.
Our sell position is around 0.000251, and now a strong rebound has occurred. If it breaks through and stabilizes at this position, we can again consider selling around 0.000266. After selling, we will set the buy-in position at around 0.000238, and if there are any changes, we will update accordingly.
With the positive news from NVIDIA's earnings report, there will be some impact on the AI sector, increasing attention on TAO, FET, and the newly launched ACT. Perhaps there will be a good rebound trend, and we are already positioned, now waiting for the news to ferment.