๐ FLOKI/USDT Trading Signal (BINANCE - 1D Chart)
๐ง Market Overview:
Current Price: 0.00011063 USDT
Trend: Strong bullish recovery in May
Volume: Surge in volume supports the uptrend
Recent Drop: -13.14% daily candle indicates a pullback from local high
๐ Technical Breakdown:
๐น Trend Structure
From early April, FLOKI has formed higher highs and higher lows.
Currently pulling back after a sharp rally โ healthy correction potential.
๐น Volume Profile
Volume surged in recent days, peaking at 138B on a local top โ signals strong interest but also profit-taking.
๐น Resistance / Support
Immediate Resistance: 0.00012
Major Resistance: 0.00022 โ 0.00024
Support 1 (Buy Zone): 0.000085 โ 0.00009
Support 2: 0.000073
๐ฆ Trade Signal
๐ Bullish Pullback Entry:
Entry: 0.000087โ0.000090 (key support zone from early May breakout)
Confirmation: Look for bullish reversal candle (e.g., hammer or engulfing) on 4H or daily chart
Target 1: 0.00012
Target 2: 0.000145
Target 3 (Long-term): 0.00022
Stop-loss: Below 0.000078
๐ Alternative Setup (Breakout Trade):
Entry: Break and hold above 0.00012
Confirmation: Strong bullish candle + volume > 150B
Target: 0.000145 โ 0.00018
Stop-loss: 0.00011
๐ Strategy Notes:
Donโt chase current price โ wait for a pullback or breakout confirmation.
Watch Bitcoinโs price โ altcoins like FLOKI follow BTC trends.
Use RSI and 4H EMA for entry refinement.