Hello Friends, I have updated my last $Floki analysis

After the price pulled back to the SR (support-resistance) level we expected, it made a strong reaction by creating a new HL (Higher Low) here. This movement is a very positive signal for the continuation of the upward trend.

Currently, the most critical level is the 0.000125 resistance area. If the price maintains itself above this resistance, it has the potential to rise up to the 0.0002 levels by creating a new HH (Higher High). Especially a volume breakout above 0.000125 will confirm that the trend is gaining strength.

Today, Fed Chairman Powell's dovish statements had a positive impact on risky assets. This situation supports the technical outlook for #Floki and increases the likelihood of a continuation of the upward movement.

In the short term, the 0.000094 - 0.000096 area stands out as a major support, while exceeding 0.000125 highlights the 0.00019 - 0.00020 range as the first strong target.

Of course, this is not an investment advice. It is for informational purposes. Please do your own detailed research. Advertising as required by law

#FLoki #Powell #memecoin #BNB $BNB