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$FLUX Based on the charts (Daily, Hourly, 15 Minutes):
1. General Trend (#trend ):
Strongly bullish (#bullish ): The currency is in a strong recovery phase after a correction that occurred from a peak of $10.94.
The current price ($8.537) indicates buyers' desire to re-test the previous peak.
2. Moving Averages:
Golden Alignment: In the hourly chart (1H), we see the arrangement of moving averages perfectly:
MA(7) yellow: 8.280 (above all - strong momentum).
MA(25) pink: 7.921 (medium support).
MA(99) purple: 7.617 (support for the general trend).
This arrangement means that any drop is a buying opportunity (Dip Buying) as long as the price is above the MA(99) line.
3. (Volume):
The daily chart (first image) shows a huge "spike" in buying at the launch, followed by a decrease in volume during the correction, and now the volume starts to increase with green candles, confirming the validity of the upward trend.
4. Supports and Resistances:
Current resistance: $8.625 (temporarily breached in the 15-minute chart, and if it holds above this level, the next target is open).
Next target: Area $9.60 then the historical peak at $10.94.
Strong support: Area $7.90 - $7.60 (excellent accumulation areas)#Floki🔥🔥 #FLOKI✅
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Summary and Recommendation: Current Situation Analysis:
The currency seems to be in a second bullish wave (Second Leg Up) after the correction. The limited number of coins makes its movement violent and rapid (Volatile), so profits can be significant but risks are present.⚠️
