1000FLOKI Explodes 14% – Is This Just the Beginning? $FLOKI

Here’s a technical breakdown of the 1000FLOKI/USDT pair on the 1-hour chart from Binance:

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📊 Current Price Overview

Current Price: $0.08567

24h Change: +14.78%

24h High: $0.08935

24h Low: $0.07416

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🔍 Technical Analysis

1. Trend Overview

A strong breakout occurred after a consolidation range.

Bullish momentum continues as buyers dominate.

Price is now retracing slightly after hitting resistance at $0.08935.

2. Support & Resistance

Nearest Support: $0.08168 (recent pullback area)

Major Support: $0.07736 (previous breakout level)

Resistance: $0.08935 (recent high)

If breakout continues: Next target zone is $0.0905–$0.0950

3. RSI Indicator

RSI(6): 52.03 – Neutral, cooling off from overbought zone.

Suggests short-term consolidation or pullback before next leg up.

4. Volume

Volume spiked strongly during the rally – confirms breakout strength.

Watch for sustained volume to support continued upside.

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📈 Trading Strategy Suggestions

🔹 Scalping / Intraday

Buy on dip around $0.0816 – $0.0830

Stop-loss: Below $0.0800

Target: $0.0885 – $0.0893

🔹 Breakout Play

Buy Stop Entry: Above $0.0895 with confirmation

Target: $0.093 – $0.095

Stop-loss: $0.0865

🔹 Short Setup (If Bearish Signal Appears)

Wait for strong bearish reversal candle under $0.0855

Target: $0.0816 – $0.0773

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🧠 Conclusion

Short-term bullish trend remains intact.

RSI and volume hint at possible pause or minor correction.

Key zones to watch: $0.08935 (resistance) and $0.08168 (support).

A confirmed breakout above resistance could ignite a new rally phase.