Here’s the technical analysis report for $FLOKI /USDT based on the image provided:

$FLOKI /USDT is currently trading at $0.00013263, showing a strong 8.94% increase in the last 24 hours. The 24-hour high reached $0.00013929, while the low was $0.00011767, indicating significant bullish momentum. This surge suggests that buyers are pushing the price upward, but key resistance and support levels should be carefully monitored.

For those looking to go long, entering above the resistance level of $0.00013929 could present a good opportunity. Targets could be set around $0.00014041 or higher, with a stop loss placed near the $0.00011767 support level to protect against any downturns. This approach capitalizes on the current bullish momentum while managing risk.

However, if the price drops below $0.00011767, a short trade may be considered. In that case, traders could target $0.00011588 and $0.00011700 as potential exit points, with a stop loss set near $0.00013929 to avoid further losses in case of a reversal. Watching these levels closely will help traders make informed decisions in this volatile market environment.

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