$FLOKI /USDT – Bearish Pressure Increasing Near Local Support

FLOKI/USDT is showing continued downside movement as it fails to maintain higher levels and gradually forms lower highs on the 1h timeframe. Price is currently testing a minor support region, and if this level fails to hold, further decline is likely in the short term.

Trade Setup (Short Position)

Entry Range: 0.00005500 – 0.00005600

Target 1: 0.00005350

Target 2: 0.00005220

Target 3: 0.00005050

Stop Loss (SL): Above 0.00005680

Short Outlook

Momentum remains bearish as sellers dominate and price continues to struggle breaking above resistance. Unless FLOKI reclaims the 0.00005680 level with strength, downward continuation toward lower support zones is the more probable scenario.