#ReboundRally FLOKI has been trading between $0.000198 and $0.000275, showing a notable decline of almost 25% over the past month. The Relative Strength Index is hovering around 30, indicating that the coin is approaching the oversold territory. The Stochastic Oscillator is also low, suggesting a potential undervaluation. Currently close to its support level, a bounce could push FLOKI towards the resistance around $0.000318, offering a notable upside potential. The short-term moving average is below the long-term average, reflecting the recent bearish patterns. However, with a positive performance over the past six months and growing optimism for a rise in altcoins, FLOKI could be poised for a strong bounce in the upcoming period.
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