Updated technical analysis and entry recommendation before the big move!
Currency $FLOKI returns to the forefront in the cryptocurrency market, despite the recent sharp decline. With clear recovery signals emerging, traders are asking: Is this the beginning of a strong bullish rally? Or just a false bounce before continuing the decline?
🔍 Current market analysis:
Current price: 0.00006915 USDT
Change over 24 hours: -3.72%
Highest price today: 0.00007345
Lowest price: 0.00006798
Trading volume: over 143 billion FLOKI
Technical indicators (15-minute interval):
The price is testing the EMA20 moving average, which is a critical resistance level.
RSI is in a neutral zone at 53, providing an opportunity for additional upward movement.
Stochastic RSI indicates overbought conditions, and a slight correction may occur before a new rally.
MACD shows a positive crossover, supporting the likelihood of the beginning of an upward trend.
🔥 Support and resistance zones:
Current support: 0.00006750
Nearest resistance: 0.00007065
Next target in case of a breakout: 0.00007164 then 0.00007345
🎯 Suggested trading plan:
Technical entry: between 0.00006800 – 0.00006900 after confirming a reversal candle
First target: 0.00007060
Second target: 0.00007240
Stop loss: close below 0.00006650
Tip: Monitor price behavior near moving averages, as a firm breakout could be a strong reversal signal.
💡 Summary:
Despite the correction, FLOKI shows positive technical signals that warrant serious monitoring. If the price can break nearby resistances firmly, we might be facing a new upward wave, especially with the significant community momentum around the coin.
💬 Share your opinion:
Is FLOKI ready to explode? Or do you see a stronger opportunity in another meme coin?
Write your opinion in the comments ✍️👇
🚨 Don't miss any opportunities in the crypto world!
Follow me 🔔 to get the latest news, analyses, and profit opportunities from Binance and cryptocurrencies continuously 💹🔥
Always stay one step ahead 💡
#BinanceAlphaAlert #BinanceTGEXNY #BTC110KToday? #SaylorBTCPurchase #NEWTBinanceHODLer