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$FLOKI – POSSIBLE SHORT OPPORTUNITY | LOSING STEAM NEAR RESISTANCE

Momentum Slowing After a Strong Move Up

FLOKI surged nearly 10% over the past 24 hours but is beginning to show signs of fatigue just under the $0.00011799 resistance level. Despite sustained volume, upward momentum is fading. The price is hovering around key short-term MAs, hinting at a potential retracement.

Short Strategy – Fading the Overextension:

• Entry Range: $0.00011480 – $0.00011600

• Target 1: $0.00011180

• Target 2: $0.00010880

• Final Target: $0.00010600

• Stop-Loss: Above $0.00011780

Quick Tip: Watch closely—if FLOKI struggles to reclaim the $0.0001165 mark in the upcoming candles, bearish momentum could gain traction. Keep an eye on 15-minute to 1-hour volume patterns for early signs of weakness.

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