Current Price: $0.00008984
Key Support Levels
1. **Immediate Support**: **$0.00008800**
- Aligns with the 50-period EMA on the 15-minute chart and recent consolidation lows.
2. **Strong Support**: **$0.00008500**
- Previous swing low (24-hour timeframe) and psychological level.
3. **Critical Support**: **$0.00008000**
- Major psychological level and Fibonacci 61.8% retracement from recent swings.
Key Resistance Levels
1. **Immediate Resistance**: **$0.00009000**
- Psychological round number; rejection here could trigger profit-taking.
2. **Next Resistance**: **$0.00009200**
- Recent high (24-hour timeframe); breakout could target higher levels.
3. **Upside Target**: **$0.00009500**
- Next psychological barrier and Fibonacci extension level.
Technical Indicators
- **RSI (4-hour)**: ~60 (neutral, slight bullish momentum).
- **MACD**: Bullish crossover forming on the 1-hour chart.
- **Volume**: Steady but not surging; watch for spikes at key levels.
Fundamentals to Monitor
1. **Social Media Hype**: Check Floki’s Twitter/Telegram for announcements (e.g., partnerships, burns).
2. **Market Sentiment**: Bitcoin’s price action (breaking $66k could lift alts; drop may cause sell-offs).
3. **Catalysts**: Exchange listings, influencer endorsements, or meme trends (e.g., Elon Musk tweets).
Scenario Analysis
- **Bullish Case**: Break above $0.00009000 with rising volume → targets $0.00009200–$0.00009500.
- **Bearish Case**: Failure to hold $0.00008800 → dip toward $0.00008500.
