$FLOKI/USDT – Short Setup Alert!
Current Price: 0.00012022 (+16.24%)
FLOKI saw a strong pump but is now flashing signs of exhaustion. Rejections below 0.000123 with heavy wicks hint at a possible retracement.
Key Resistance: 0.00012250 – 0.00012370
Support Levels: 0.00011600, 0.00011250, 0.00010800
Short Trade Plan:
Entry Zone: 0.00011850 – 0.00012050
Targets:
TP1: 0.00011600
TP2: 0.00011250
TP3: 0.00010800
Stop Loss: 0.00012450
Market Insight:
Lower timeframes show a bearish engulfing candle with declining volume. Momentum looks stretched — a prime setup for a short pullback trade.
Pro Tip:
Watch for a low-volume retest near 0.000120 for a high-probability entry.
Ride the retrace — don’t miss it!
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