🚨 $FLOKI /USDT on the 4-hour Chart 🚨
FLOKI/USDT has shown strong bullish momentum, moving significantly from a low of 0.00011466 to its recent high at 0.00018721. The current price sits at 0.00018392, suggesting that the bullish sentiment is still in play but nearing resistance. Traders should watch for signs of a continuation or possible pullback as the market stabilizes.
Current Price: 0.00018392
Entry Price for Trades:
Suggested Entry: 0.00017500 - 0.00018500 (potential pullback for optimal entry)
Critical Levels to Watch:
Resistance Levels:
0.00018721 (recent high)
0.00019084
0.00020000 (psychological level)
Support Levels:
0.00016424
0.00013763
0.00011466 (recent low)
Take-Profit Targets:
1. First Target: 0.00019000
2. Second Target: 0.00020000
3. Third Target: 0.00021500
Stop Loss Level:
Suggested Stop Loss: 0.00016200 (below key support to minimize risk)
⚠️ Cautionary Note: Monitor the price action carefully as it approaches the resistance zone at 0.00018721. A breakout above this level could signal further upside, while failure to break may lead to a pullback to support areas. Volatility is high; implement proper risk management and stay alert for potential reversals.
