‼️$FLOKI /USDT 4 hour Analysis ‼️
1. Support Levels:
- 0.00017701:This is the 24-hour low and serves as immediate support.
- 0.00015523:The 99-period moving average (MA) which can act as strong support.
- 0.00013638:Previous low before the recent uptrend, indicating a major support level.
2. Resistance Levels:
- 0.00019798:Recent high before the current consolidation, acting as immediate resistance.
- 0.0002106:Significant previous resistance level, where price action faced resistance before.
### Breakout Possibilities
1. Bullish Breakout:
- If the price breaks above 0.00019798with strong volume, it could signal a continuation of the uptrend.
- Next resistance level to watch is 0.0002106. A break above this level could lead to further bullish momentum.
2. Bearish Breakout:
- If the price falls below the immediate support at 0.00017701, it might test the 0.00015523level.
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