Here is a detailed and concise analysis of the FLOKI coin at its current price: $0.00008122 (as of June 6, 2025):
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🔹 Technical Overview
Overall Trend: Bullish in the medium term, corrective in the short term.
Nearby Support: $0.00007800 – a clear support level it recently bounced off.
Nearby Resistance: $0.00008500 – a local resistance that needs to be broken to continue rising.
RSI (4H): around 43 – in the neutral zone leaning towards weakness.
Trading Volume: Stable, but below May's peak, indicating a temporary slowdown in momentum.
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🔹 Quick Technical Analysis
The price is in a horizontal correction range after a strong upward wave.
Staying above $0.00007800 keeps the positive trend intact.
Breaking $0.00008500 could push the price towards $0.000092 – $0.000100.
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🔹 Brief Fundamental Analysis
FLOKI is very active in marketing, and it has a large community.
It recently benefited from a wave of interest in meme coins.
It is still classified as a highly speculative coin with few technical fundamentals.
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🔹 Summary
Current Situation: A temporary correction within a bullish trend.
Scalping Opportunity? Yes, from $0.00007800 with a tight stop and a target of $0.00008500–$0.00008800.
Long-term Investment? High risk, depending on the continuation of community momentum.