$FLOKI Liquidation Alert: $61.8K long position liquidated at $0.215!
Liquidation Details: A $61.8K long was wiped out at $0.215, triggering a sharp sell-off and heightening volatility on $FLOKI .
Current Price Action: The liquidation dip presents both a risk and an opportunity for a tactical trade as price action stabilizes.
Entry Point:
Look for an entry near $0.210, a potential support level after the liquidation-driven decline.
First Target:
$0.220 (short-term resistance zone).
Second Target: $0.230 (key resistance level for a potential recovery).
Stop Loss:
Set your stop at $0.205 to minimize potential losses if the sell-off continues.
With $FLOKI now in a volatile zone, look to capitalize on the $0.210–$0.230 range with a calculated and disciplined approach!