$FLOKI daily update:

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Technical Analysis

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1. Trend :

- Trading above 50-day SMA ($0.000106) and 200-day SMA ($0.000104), indicating bullish momentum .

- Bullish engulfing pattern on weekly chart suggests potential uptrend continuation .

2. Volume : Moderate activity ($87M–$134M 24h volume), signaling cautious accumulation .

3. Catalysts :

- #memecoin sector resurgence (e.g., Shiba Inu, Dogecoin rallies).

- Upcoming ecosystem developments (e.g., NFT integrations, DeFi partnerships) .

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Entry & Trade Strategy

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#bullish Scenario (Breakout):

- Entry : Above $0.000122 (confirmed with high volume) .

- Targets : $0.000143 (next resistance), $0.000348 (ATH retest) .

- Stop-Loss : Below $0.000111.

#BEARISH📉 Scenario (Pullback):

- Entry : Near $0.000111–$0.000115 (if support holds) .

- Targets : Rebound to $0.000122–$0.000125.

- Stop-Loss : Below $0.000095.

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Key Risks & Notes

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- Volatility : #memecoins like FLOKI can swing

±20% daily.

- Market Dependency : Performance tied to Bitcoin trends and meme coin hype cycles .

- Long-Term Potential : Forecasts range from $0.000331 (2025) to $0.0033 (2030).