🚀 Decoding the FLOKI/USDT Chart: What’s Happening? 📊🔍
The image you provided is a 1-day candlestick chart for FLOKI/USDT on Binance, captured at 1:10 PM PKT on Monday, June 16, 2025. Let’s break down what’s going on! 🌟
Current Price: 💰
FLOKI is trading at $0.00008060, up +3.28% with a recent gain of $0.0000256. The market’s showing some green vibes! 📈
Support Zones: ⬇️
$0.00005023 - $0.00004768: The immediate support range, acting as a floor from recent lows.
$0.000009653: A deeper historical support level if the price drops further. 💪
Resistance Zones: ⬆️
$0.00009653: The next resistance where the price has faced pushback recently.
$0.00011441 - $0.00016212: Higher resistance zones from past highs—key levels to watch for a breakout! 📊
Trend Insight: 📉
The chart shows a descending triangle pattern (yellow lines), suggesting a bearish bias unless broken upward. Recent price action indicates a potential bounce, but the overall trend since mid-2024 has been downward with lower highs. ⚠️
Next Move: 🎯
If FLOKI holds above $0.00005023 and breaks $0.00009653 with volume, it could target $0.00011441. A drop below $0.00004768 might test lower supports. Watch for confirmation! 🚀
#cryptouniverseofficial #SaylorBTCPurchase #MetaplanetBTCPurchase
