Floki launched into a sharp rally from below 0.00007200, peaking just shy of 0.00008100 before retracing. Despite the correction, the move set a new short-term high and shifted the structure bullish. Current action shows a clean pullback into a former breakout zone (~0.00007250), where price is beginning to base again. A reclaim of 0.00007450 opens the door for another impulsive move.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.