LIVE📊#FLOKI has the opportunity to form a cup-handle structure📈
➡️The big cycle is still a bullish trend, and after a period of adjustment, the selling pressure here has been absorbed. And we reacted well when it first touched the neckline and constructed an hour-level double bottom long structure. After the goal of the small structure was achieved, we entered the consolidation stage again. It is now back near the buying zone again, and there are signs of continued growth.
🧠If we continue to rise from here and successfully break through the inflection point, then the cup-and-handle structure will be established, which means that we will most likely reach the target area above.🚀
⚠️Note that this view will be invalidated if the price falls below the bull defense point.
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LIVE🧠It belongs to the meme sector. Judging from the structure of the daily line level, the goal of the long structure above has not been fully achieved, and it is still a bullish trend.📈
➡️However, there is a 4-hour level divergence here. If a healthy correction can be made to absorb the selling pressure here, then there should be some performance after the correction is over.💥
➡️For specific participation opportunities, you need to observe the structural patterns near the neckline and buying zone to find buying points.👀
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#Wolf_king88