$FLOKI 1000FLOKI Today's Market Analysis:
Currently, the 1-hour, 2-hour and 4-hour levels all show an obvious bearish trend, and the daily line is also under bearish control. For investors who hold long positions or plan to buy at the bottom, it is recommended to remain patient and not rush to act.
From the daily level analysis, as long as the price remains below 0.17605, the overall market trend is still bearish.
In the short term, at the 4-hour level, if the market rebound fails to break through key resistance levels such as 0.17760, 0.18046 and 0.18511, the market will continue the bearish trend.
The short target for this round can be set near 0.17260 and 0.17022.
For investors with short spot positions, it is recommended to consider establishing short positions in batches when the price approaches 0.17022 or 0.16748.
The key to spot trading is to capture the opportunity of the decline and pullback to layout a more favorable position.
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