đš $FLOKI
/USDT Technical Analysis đš
The FLOKI/USDT pair has been experiencing a decline recently, with the price dropping by 4.66% in the last 24 hours. Hereâs a quick breakdown of the price action and three important targets for traders:
Current Price: 0.00022133 USDT
24h High: 0.00024810 USDT
24h Low: 0.00020359 USDT
đŽ Key Observations:
1. FLOKI has been under pressure with a consistent drop across different time frames:
15m: -2.81%
1h: -5.22%
4h: -8.18%
1d: -13.55%
2. The price is approaching the support zone around 0.00020359 USDT, which could provide an entry opportunity if the support holds.
3. A potential breakout point lies at 0.00023780 USDT, where a reversal to the upside may occur.
đź Target Levels:
Target 1: 0.00024000 USDT â A short-term resistance, watch for a bounce here.
Target 2: 0.00024500 USDT â A key level to test if the price moves upwards.
Target 3: 0.00025000 USDT â A higher target where the price could find major resistance.
đĄ Important: As FLOKI is showing a downtrend, ensure to watch the price action closely around support levels. A bounce or rejection could provide trading opportunities.
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