$FLOKI

Currently, the price of **FLOKI** is trading at **$0.000218**, down **4.12%** compared to the previous session.

**Technical Analysis:**

1. **Price Chart and Trend:**

- The price of FLOKI has decreased from a daily high of **$0.00022918** to a low of **$0.00021425**, indicating that selling pressure is increasing.

2. **Technical Indicators:**

- **RSI (Relative Strength Index):** Currently, the RSI is at a neutral level, showing no signs of overbought or oversold conditions.

- **MACD (Moving Average Convergence Divergence):** The MACD has recently crossed below the signal line, indicating a potential continuation of the downtrend in the short term.

3. **Support and Resistance Levels:**

- **Support:** The nearest support level is around **$0.000214**, and if broken, it could lead to a deeper decline.

- **Resistance:** The important resistance level is at **$0.000229**, and if surpassed, it could open up a new uptrend.

**Trading Strategy Suggestions:**

- **Buy Strategy:**

- Consider buying when the price approaches or bounces off the support level of **$0.000214**, with the expectation of a recovery to the resistance level of **$0.000229**.

- Set a stop-loss order below **$0.000210** to minimize risk.

- **Sell Strategy:**

- Consider selling if the price does not hold the support level of **$0.000214**, forecasting a continued downtrend.

- Set a profit target at **$0.000229** if purchased at the support level.

**Note:**

- The cryptocurrency market is highly volatile; closely monitor and adjust your strategy in a timely manner.

- Use risk management tools and do not invest money that you cannot afford to lose.

*Note: The analysis above is for reference only and does not guarantee investment results.* #Floki🔥🔥