IS IT GOING TO BREAK FROM HERE, $FLOKI?
Therefore, you're in the ideal place if you're looking for a thorough analysis of FLOKI.
This is the reason.
The community's already strong view has been greatly heightened by FLOKI's surrounding sentiment, and many are watching for a breakout on this crucial level. But how likely is it that the price will rise further from here?
To help us determine whether the next resistance was already broken and the price was held on top or not, we have highlighted the high, middle, and low from the previous week. A deeper look reveals that it has not yet overcome the next obstacle, which is located at 0.00018. Since this week's candle opened favorably for this token, most people would already be thrilled with this outcome, even though there is no evidence that this major obstacle has been broken yet. However, we continue to exercise patience and carefully consider the variables. We can profit from short positions after it is rejected at this crucial level, which will be a huge rejection.
FLOKI has now realized the analysis we offered after more observation. FLOKI may have moved a little lower than its prior lows, but it has once again struck the weekly low. At 0.00011 it remained stable. We are now examining the likelihood that FLOKI will continue to move in the direction of the weekly middle price or just above it.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
