12.15: Weekend Evening Market Overview:
$FLOKI : Today is the last day to hold FLOKI for the snapshot airdrop of MONKEY, but today the market is down 9% due to major selling pressure; it is also the last day for the snapshot so the selling pressure is quite significant. Meanwhile, FLOKI announced this morning that it will soon hold a FLOKI airdrop for the BAD token, which has a bit of a BNB flavor.
FLOKI, an established coin, received a shoutout from Musk in 2021, got investment from Binance, and has been steadily developing its own ecosystem and applications since listing. However, there hasn't been much fluctuation in this bull market cycle; it still needs to break the March high of 0.34. But its current performance is making holders look forward to unexpected gains when it eventually takes off.
The shark pattern appearing on the 4H chart indicates that FLOKI may continue to pull back; based on the shark pattern, three PRZ reversal zones have been drawn: In the first zone, go long at point D, with a stop at point X, T1 target 23773, T2 target 25415;
In the second PRZ reversal zone, go long at point D, with a stop at point X, T1 target 23475, T2 target 25347;
In the third PRZ reversal zone, go long at point D, with a stop at point X, T1 target 23015, T2 target 24665.
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