FLOKI/USDT – Market Analysis & Trade Setup
Trend Overview:
FLOKI is currently undergoing a correction phase similar to its previous price structure, suggesting a potential continuation of the uptrend. Historically, FLOKI has seen 25–27% corrections before resuming its bullish trend, and the current structure appears to be following a similar pattern.
Technical Structure:
The coin is forming higher highs and higher lows, maintaining a bullish market structure.
It is holding a key support zone between 0.0000082 – 0.0000086, which aligns with the uptrend support on 12H, 1D, and 3D timeframes.
Resistance is noted around 0.00001063, which needs to be reclaimed for further upside momentum.
Key Technical Levels:
Entry Zone: 0.00000830 – 0.00000860 (support zone)
Targets:
Target 1: 0.00000950
Target 2: 0.00001063
Target 3: 0.00001180
Stop Loss: Daily close below 0.00000820 (to avoid breakdown risk)
Summary:
FLOKI is holding key support levels on multiple timeframes and shows a bullish structure despite the recent pullback. A reclaim of 0.00001063 could trigger a new leg upward. Patience and confirmation around support zones are essential before entering.
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