📉 $FLOKI /USDT BEARISH SETUP – WEAK MOMENTUM AHEAD! 🐕⚠️
🔎 Technical Overview:
$FLOKI is currently struggling below a key resistance zone and showing signs of bearish continuation. The price action is failing to break higher, suggesting possible downside pressure.
📊 Key Levels:
💰 Current Price: $0.00008430
🧱 Resistance Levels:
$0.00008560 (minor resistance)
$0.00008650 – $0.00008700 (major resistance zone)
🛡️ Support Levels:
$0.00008150 (first support)
$0.00008000 (critical support)
💼 Trade Setup – SHORT ENTRY:
🔽 Entry Zone: $0.00008400 – $0.00008450
🎯 Take Profits (TP):
TP1: $0.00008250
TP2: $0.00008100
TP3: $0.00007900
🛑 Stop Loss (SL): $0.00008680
📉 Indicators Insight:
🔻 MACD: Bearish crossover forming
📉 Volume: Decreasing on green candles
📏 EMA Trend: Price trading below short-term EMAs
🎯 Bollinger Bands: Price leaning toward lower band
🛡️ Risk Management:
✅ Risk only 1-2% of total capital
✅ Use tight SL, stick to the plan
✅ Monitor price action near support zones
🚨 Conclusion:
$FLOKI shows clear bearish momentum – ideal for short setups if price fails to reclaim above resistance. Stay alert and trade smart! 🧠📊
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