$FLOKI has made 70% gains after our call📈📌
Did u guys caught this move??!!🤩
Here's an in-depth analysis of 1000FLOKIUSDT:
Current Market Sentiment: Bearish
Key Levels:
- Support: $0.00000445, $0.00000395, $0.00000345
- Resistance: $0.00000505, $0.00000555, $0.00000605
Technical Analysis:
- 1000FLOKIUSDT forms a descending channel, indicating a strong downtrend.
- RSI (14) at 39.42, suggesting oversold conditions.
- MACD (12, 26) shows a bearish signal.
Trade Ideas:
- Short Position: Enter around $0.00000485, targeting $0.00000395-$0.00000345.
- Long Position: Avoid due to strong bearish momentum.
On-Chain Metrics:
- 24h Trading Volume: $113,456
- Market Cap: $10.5M
Potential Outlook:
- Break below $0.00000395: Further bearish momentum, targeting $0.00000250-$0.00000200.
- Break above $0.00000555: Potential reversal, targeting $0.00000700-$0.00000800.
Indicators:
- Moving Averages: 50MA ($0.00000529), 200MA ($0.00000639)
- Bollinger Bands: Upper ($0.00000605), Lower ($0.00000285)
Recommendations:
- Sell: Below $0.00000445 or on rallies to $0.00000505.
- Buy: Above $0.00000555 or on dips to $0.00000395.
Risk Management:
- Stop Loss: 5-10% below entry.
- Take Profit: 10-15% above entry.
Additional Resources:
- TradingView
- CoinMarketCap
- Binance
Please note that cryptocurrency markets are highly volatile. Always conduct thorough research and consider multiple sources before making investment decisions.
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