FLOKI Overbought Alert! Short Opportunity Emerges, Quickly Seize the Pullback Dividend!

Current FLOKI price 0.09157, soaring 11.83% in 24 hours, but RSI 78.47 is severely overbought, trading volume is shrinking (ratio 0.601), funding rate is negative and long-short ratio is declining, indicating high short-term pullback risk. It is recommended to short at highs, entry at 0.0915, stop loss at 0.0935, target at 0.0850, risk-reward ratio 3.25. Risk: Continued overbought or macro events may reverse the trend, single trade risk should not exceed 2%.

Technical Analysis:

• Price is closely touching the upper Bollinger Band (84.38% position), strong overbought signal; above MA200 (0.07811) and holding cost (0.07941) showing strength, but deviation exceeds 15%.

• Shrinking trading volume combined with price increase indicates insufficient momentum; open interest increased by 6.42% in 24 hours, but long-short ratio dropped to 1.55, smart money turning short. No major news, market sentiment has digested the upward trend.

• Key support: 0.0850 (lower band and psychological level), resistance: 0.0935 (upper band); liquidity concentrated in the 0.1130-0.1560 range, selling pressure is relatively high.

Market Cycle Analysis:

In the mid-top area of a bull market, the upward trend is excessive, facing adjustment risks, sustainability is low.

Trading Strategy:

• Short entry: 0.0915 (aggressive market price, conservative wait for rebound to 0.0920).

• Stop loss: 0.0935 (above upper band).

• Target: 0.0850 (support area).

• Risk-reward ratio: 3.25.

Risk Warning:

• Market risk: If RSI overbought continues (e.g., breaks 0.0935), or sudden positive news drives up the price.

• Strategy failure: If price breaks below 0.0850, stop loss and reassess.

• Operation Note: Position ≤2%, avoid low liquidity periods during Asian session.

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