๐ #FLOKI Technical Snapshot (as of May 22, 2025)
Current Price: $0.00010434
24h Change: +0.05298%
24h High / Low: $0.00010514 / $0.00009668
Market Cap: Approximately $1.01B
24h Volume: Around $178M
Circulating Supply: 9.62 Trillion FLOKI
๐ Technical Analysis Summary
Trend: FLOKI has recently broken above key resistance levels, signaling a potential bullish trend continuation.
Indicators:
Moving Averages: Price is trading above both the 50-day and 200-day moving averages, indicating upward momentum.
RSI: Currently neutral, suggesting room for further price movement without being overbought.
MACD: Shows a bullish crossover, supporting the upward trend.
CCN.com
The Market Periodical
๐ Trade Signal: FLOKI/USDT โ Potential Long Entry
Setup: Considering the recent breakout and bullish indicators, a long position could be favorable.
Entry Zone: $0.000100 โ $0.000104
Stop Loss: $0.000096
Take Profit Targets:
TP1: $0.000110
TP2: $0.000115
TP3: $0.000120
Risk-Reward Ratio: Approximately 1:2.5
Note: Always ensure proper risk management. Given your $2 capital, consider using a small position size to minimize potential losses.
๐ง Trading Tips
Position Sizing: With a small capital, don't risk so much
Leverage: Use minimal leverage (e.g., 5x) to manage risk effectively.
Trade Management: After reaching TP1, consider moving your stop loss to the entry point to secure profits.