$FLOKI is Making Higher High and Higher lows with momentum
$FLOKI is trading at $0.00017863, up 3.32% in the last 24 hours. The price is consolidating after testing resistance at $0.00018500. Immediate support is observed at $0.00017500, indicating potential for a breakout or pullback.
Key Levels:
Resistance: $0.00018500
Support: $0.00017500
Potential Scenarios:
A breakout above $0.00018500 could push FLOKI toward $0.00019000 and beyond.
A breakdown below $0.00017500 might lead to a retest of $0.00017000.
Trading Strategy:
Long Entry: Above $0.00018500 with targets at $0.00019000 and $0.00019500.
Short Entry: Below $0.00017500 with a target of $0.00017000.
Stop Loss: Tighten below $0.00017500 for long positions or above $0.00018500 for short positions.
FLOKI’s consolidation suggests a potential move. Monitor closely for direction.