$FLOKI /USDT – REJECTION FROM RESISTANCE, SELL PRESSURE BUILDING
WICK REJECTION NEAR $0.000144
LOWER HIGH STRUCTURE ON 4H TIMEFRAME
$FLOKI attempted to break above the $0.000144 zone but faced strong rejection, forming a long upper wick and closing red on the 4H chart. This signals exhaustion from buyers and increasing selling pressure near resistance. The pattern shows a potential lower high forming — a bearish signal if confirmed.
Short Trade Setup
Entry: $0.00013850 – $0.00013950
Target 1: $0.00013350
Target 2: $0.00012800
Stop Loss: Above $0.00014450
If price loses $0.000133 support, expect accelerated downside. Volume shows no bullish confirmation — caution is advised.
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