๐Ÿถ Floki Makes a Splash on Robinhood โ€” But Watch the Charts! ๐Ÿ“‰๐Ÿ“ˆ

On Aug 13, $FLOKI jumped 6%, hitting headlines as it debuted on Robinhood, opening access to 25M+ retail users. ๐Ÿš€ A โ€œhuge step forwardโ€ for the memecoin space, yet the charts tell a mixed story.


After a 9% dip on Aug 12 to $0.00001069, trading surged โ€” 24h volume up 51% โ€” signaling strong market activity. ๐Ÿ“Š


๐Ÿ”น Technical outlook:

- Bearish inverted flag & pole pattern forming

- Supertrend still red

- RSI ~46 โ†’ neutral

- Key levels: $0.00001055 (daily close trigger), $0.000009746 (support)

๐Ÿ’ธ On-chain flows:

- $1.16M FLOKI moved to exchanges in 24h โ†’ potential selling pressure

- Liquidations favor longs: $47.46K wiped vs $20.63K shorts

- Critical clusters at $0.0001051 (lower) & $0.0001143 (upper) โ†’ potential for sharp swings if breached


Bottom line: Robinhood listing is bullish for exposure, but technicals suggest caution. Traders, keep an eye on key support levels and liquidation zones. โš ๏ธ