$FLOKI Trading Idea: Short Opportunity

Technical Analysis:

$FLOKI is trending bearish on the 4H chart, breaking below $0.00020 support with a descending 50-day MA. RSI is neutral (45), but declining volume suggests weak buying pressure. Key support at $0.000173; resistance at $0.000204.

Fundamental Analysis:

Floki Inu’s ETP launch on the Swiss Exchange (Q1 2025) boosts long-term potential, but recent 21% monthly decline and Binance delisting rumors increase short-term bearish sentiment. High volatility (15.39%) persists, with reduced active addresses signaling fading hype.

Trade Setup:

Entry: $0.000195-$0.000200

Take Profit: $0.000180 / $0.000173

Stop Loss: $0.000210

Leverage: 3x (Low Risk)

Risk Warning: High volatility and delisting risks loom. Trade cautiously and DYOR