$FLOKI BACK OR LACK?
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Bounce or Breakdown?
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FLOKI is trading at $0.000078-$0.000081, with a 7.28%-10.01% increase in the last 24 hours. Here's a breakdown of the current situation and possible trade setups:
Current Price Action
FLOKI's price is hovering near a critical support level, with a market capitalization of $759.5 million-$765.9 million and a circulating supply of 9.66 trillion tokens.
Bullish Trade Setup
- *Entry Zone:* $0.000078-$0.000081
- *Target 1:* $0.000085
- *Target 2:* $0.00009
- *Target 3:* $0.0001
- *Stop Loss:* Hold in spot and adjust based on proximity to support or resistance levels
Bearish Trade Setup
- *Breakdown Level:* Below $0.000075
- *Target 1:* $0.000072
- *Target 2:* $0.00007
- *Target 3:* $0.000065
- *Stop Loss:* Hold in spot and adjust based on proximity to resistance levels
Market Outlook
FLOKI has shown robust bullish momentum on higher timeframes, with price action respecting the prevailing uptrend. Some analysts predict a potential price surge between 75% to 133% in the coming months ¹.
*Key Levels to Watch:*
- *Support:* $0.000075
- *Resistance:* $0.000085
Keep in mind that cryptocurrency prices are highly volatile, and actual prices may differ from these predictions. Always do your own research and consider multiple sources before making investment decisions.