$FLOKI Floki Inu's (FLOKI) support and resistance levels are crucial for understanding its price movement. Currently, the support levels are at $0.000165 and $0.000157, while the resistance level is at $0.000188 .
Breaking down the technical analysis, we see that FLOKI has experienced significant volatility after reaching an all-time high of $0.00035, followed by a 54% decline ¹. The price is testing the 200 EMA (green) on the daily chart, a critical indicator. On the 4-hour chart, FLOKI has broken below the 50, 100, and 200 EMAs and is trading below the Ichimoku Cloud .
*Key Levels to Watch:*
- _Immediate Support:_ $0.000165
- _Critical Support:_ $0.000157
- _Resistance:_ $0.000188
- _Long-term Support:_ $0.00010
*Technical Indicators:*
- _RSI:_ hovering in the oversold territory, suggesting potential overextension of selling pressure ¹
- _MACD:_ bearish crossover
- _EMA Analysis:_ price trades below 20, 50, 100, and 200-day EMAs, indicating bearish momentum
For a meaningful bullish reversal, FLOKI needs to break above $0.000188, which represents the flattening baseline of the 4-hour Ichimoku .DyOR rearch before investment $FLOKI