$FLOKI is trading at $0.00017065, showing a sharp decline of 13.43% in the last 24 hours. The price has dropped from a 24-hour high of $0.00019924 to a low of $0.00016876, with a significant volume of 330.05B FLOKI.
Key Levels to Watch
Resistance: $0.00018083 – A breakout above this level could signal recovery toward $0.00019000 and higher.
Support: $0.00016800 – This is a critical zone to hold; any break below may lead to further downside toward $0.00016000.
Trade Setup
Entry Point: Consider accumulating near $0.00016800 if support holds.
Targets:
1. $0.00018000
2. $0.00019000
Stop Loss: Below $0.00016500 to limit risks.
Market Insight
The RSI is in the oversold region, indicating a potential bounce-back. However, MACD shows bearish momentum. Watch for confirmation of a reversal before entering long positions.
Stay cautious and manage your trades wisely – $FLOKI could see heightened volatility in the short term.