$FLOKI /USDT Technical Analysis
Current Price: $0.00017544
Price Change (24h): -1.84%
24h High: $0.00018275
24h Low: $0.00016852
Volume: 377.03B FLOKI
Support and Resistance Levels:
Support: $0.00016852 (Recent 24h low)
Resistance: $0.00018275 (Recent 24h high)
Trade Signal:
Momentum: Bearish in the short term (1.84% decline over 24 hours).
Price Action: Currently trading close to the support level of $0.00016852, suggesting potential for a bounce or further decline if support breaks.
Target Levels 🎯:
1. Target 1 (Bearish): $0.00016800 (break below support, further downward momentum).
2. Target 2 (Neutral): $0.00017500 (Range-bound movement, testing current price levels).
3. Target 3 (Bullish): $0.00018200 (Break above resistance, potential upward momentum).
Momentum:
Short-term trend: Bearish with price consolidating near support.
Medium-term trend: Neutral to bearish; watch for breakouts above resistance or breakdowns below support.
Conclusion:
Watch for a price action break of the support level of $0.00016852 to confirm a bearish continuation. If the price holds above $0.00017544, there may be a potential for a bullish rebound towards resistance levels.
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