🚀 Technical Analysis: $FLOKI /USDT
Current Price: $0.00017726 (+1.08%)
Timeframe: 30-min chart (Binance)
🎯 Key Targets:
1. Target 1 (Immediate Resistance): $0.00018000
A breakout above this level could signal short-term bullish momentum, drawing more traders.
2. Target 2 (Mid-Term Resistance): $0.00018500
Sustained buying pressure could lead to testing this mid-term level, a good zone for partial profit-taking.
3. Target 3 (Major Resistance): $0.00019000
A breakout above this psychological level may indicate a strong bullish trend, paving the way for further gains.
🔻 Support Zones:
Immediate Support: $0.00017500
Maintaining this level is crucial to sustain the current structure.
Critical Support: $0.00017000
A drop below this level could signal a bearish continuation.
📈 Strategy:
Entry Zone: Look for entries near $0.00017700–$0.00017800 or after confirmation of momentum above $0.00018000.
Profit Zones: Take profits at $0.00018000, $0.00018500, and $0.00019000.
Stop Loss: Place below $0.00017000 to minimize downside risks.
🔍 Insights:
Trend: Currently consolidating near key support, indicating potential for a bullish breakout.
Volume Analysis: Watch for increased buying volume to confirm momentum shifts.