Market Analysis: $FLOKI /USDT
Current Price: $0.0001707 (-3.93%)
Short Entry: Below $0.0001700, target $0.0001600, stop loss at $0.0001730.
Long Entry: Above $0.0001750, target $0.0001810, stop loss at $0.0001720.
Market Trend:
A bearish descending pattern is forming. If support at $0.0001700 breaks, expect further downside. Bulls need to reclaim $0.0001750 for recovery.
Leverage Idea:
5x leverage recommended for both long and short trades to manage risks efficiently.