$FLOKI 's recent price action shows a rejection from resistance at 0.00011958, indicating potential exhaustion. A short trade setup is active, with a proposed entry zone between 0.00011780 and 0.00011830.

Short Trade Setup:

- Entry Zone: 0.00011780 - 0.00011830

- Take Profit 1: 0.00011316

- Take Profit 2: 0.00011100

- Stop Loss: 0.00011975

Market Insight:

The current structure is overextended in the short term, with slowing volume and lower highs forming. This setup suggests a potential short-term pullback.

Key Points:

- Resistance: 0.00011958

- Support: Potential targets at 0.00011316 and 0.00011100

Traders may consider this short setup, keeping in mind the importance of precise risk control and a clean reward zone.