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.