The price of FLOKI has dropped back to an important level where it used to face resistance before going up. Now, this same level is acting as support, which could lead to a bounce.
We also see a bullish divergence on the RSI, It often signals that selling is slowing down and a reversal might be coming.
If the price holds above this support zone, we might see a bounce toward the $0.09 to $0.11 area.
If the price breaks below the support, the idea may not work, so it’s important to manage risk.
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👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸
Binance Square Family...❤️🔥❤️🔥
I hope my analysis has been helpful to you. If you have any questions, please leave a comment. I'm always happy to help.
I appreciate your support and Wish you good luck 💐🌺🍁
