My TA for FFLOKI:
#FLOKI is in a downtrend since the local top at the end of November 2024. That was a 75% drop.
FLOKI still managed to stay in support. Closing on the daily and weekly candle above the support would be bullish.
Losing the support and closing below it? That could cause a freefall drop towards 0.00004. That's another 50% from this point.
There are bullish indicators:
- The daily RSI is around 30, aka oversold.
- The weekly RSI is at 40, the lowest levels since September 2023!
- Also, we see a bullish divergence on the daily timeframe.
These indicate that this could be the bottom.
Trade safe, my friends.
FLOKIUSDT FLOKIUSD FLOKIUSDT FLOKIUSDT FLOKIUSDT FLOKIUSDT.P FLOKIUSDT 
FLOKIEUR FLOKIUSD FLOKIUSD 
FLOKIUSDC FLOKIUSD FLOKIUST FLOKIUSDC $POLONIEX:FORKUSDT FLOKIUSDT
#FLOKI is in a downtrend since the local top at the end of November 2024. That was a 75% drop.
FLOKI still managed to stay in support. Closing on the daily and weekly candle above the support would be bullish.
Losing the support and closing below it? That could cause a freefall drop towards 0.00004. That's another 50% from this point.
There are bullish indicators:
- The daily RSI is around 30, aka oversold.
- The weekly RSI is at 40, the lowest levels since September 2023!
- Also, we see a bullish divergence on the daily timeframe.
These indicate that this could be the bottom.
Trade safe, my friends.
FLOKIUSDT FLOKIUSD FLOKIUSDT FLOKIUSDT FLOKIUSDT FLOKIUSDT.P FLOKIUSDT FLOKIEUR FLOKIUSD FLOKIUSD FLOKIUSDC FLOKIUSD FLOKIUST FLOKIUSDC $POLONIEX:FORKUSDT FLOKIUSDT 
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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.