Ready? Let's get started!
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💡 Quick technical analysis:
✅ Fiery rebound! After dropping to levels of 0.00004545, FLOKI experienced a sharp upward wave reaching 0.00008947 – this is the highest price in the past 24 hours! A strong signal of significant buying interest.
✅ The indicators are positive!
Relative Strength Index (RSI) at 75.67 – close to the overbought area, indicating very strong momentum, but with a slight caution of a potential correction later.
A positive crossover in the MACD indicator, reinforcing the likelihood of continued upward movement in the short term.
✅ Huge trading volume!
FLOKI's trading volume exceeded 434 billion coins in 24 hours – indicating strong accumulation and increased liquidity.
🚀 Expected scenario:
If FLOKI manages to establish itself above 0.00008900, we could easily see a push towards levels of 0.00009168 or higher in the coming days!
In case of a correction, the area between 0.00007230 to 0.00007600 may form very strong support.
🔥 Is FLOKI ready for a big explosion?!
With the rising momentum of "meme coins" in the market and continued inflow of funds, FLOKI seems to be at the beginning of a bullish wave that could surprise everyone! Will you be one of the first to ride this crazy journey?!
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📊 Technical pattern analysis – Are we witnessing the formation of an explosive pattern?!
🔍 Potential technical pattern:
✅ The "ascending channel" pattern is clear!
The price has been following a clean upward channel for a while, with consistently higher lows and highs – reinforcing the idea of a continued upward momentum.
✅ Potential breakout!
The price has surpassed the last peak achieved (0.00008900), and if it holds above it with momentum, we might see an acceleration towards 0.00009200 or more.
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🚨 Supporting signals from indicators:
RSI is in a strong position – still supporting the continuation of momentum with only minor correction possibilities.
MACD is close to a new positive signal – a potential crossover that could drive more buyers to enter.
Large trading volumes indicate that the market is preparing for a bigger move, not just a minor correction.
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🎯 Predictions for the next move:
Short term: A push towards 0.00009168 - 0.00009300 is very possible if the price holds above resistance.
Medium term: We might see a target of 0.00010 if trading volumes continue with the same strength or increase.
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💬 My personal opinion:
FLOKI is currently experiencing an exciting and strong moment! All indicators suggest that there is potential for additional upward movement, but caution is needed as the RSI is high and there may be small corrections along the way.
I see FLOKI as one of the coins that might offer a golden short-term opportunity now, but it's important to manage risks and not enter without a clear stop loss.
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✅ Final advice:
Set your stop loss below 0.00007600 to protect your capital.
Don't enter with all your capital at once – spread your trades and monitor the market continuously!
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📢 What do you think? Do you see FLOKI launching towards new historical levels soon? Share your predictions with me! 🚀👇
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