FLOKI at Key Support – Is a Bounce Coming?The price of FLOKI has dropped back to an important level where it used to face resistance before going up. Now, this same level is acting as support, which could lead to a bounce.
We also see a bullish divergence on the RSI, It often signals that selling is slowing down and a reversal might be coming.
If the price holds above this support zone, we might see a bounce toward the $0.09 to $0.11 area.
If the price breaks below the support, the idea may not work, so it’s important to manage risk.
FLOKIUSDC
$FLOKI is again in my buy zone. Refill your bag opportunity..SEED_DONKEYDAN_MARKET_CAP:FLOKI has a history of impulsive pumps, and this green box has proven to be a reliable indicator for identifying entry points.
Another strong move appears to be on the horizon.
Altseason is approaching, with bullish divergence on the RSI and a MACD reset on the daily timeframe. My green line is currently acting as support.
Strategy: Enter as low as possible within the green box and sell at the peak of the next impulsive move.
As always, DYOR (Do Your Own Research).
#Floki price are preparing to surpriseAnother memecoin - #FLOKI It would seem that what can you get out of it? Well, I would like to take 75% of the profit , as in the trade on the chart !)
1️⃣ at night on the market fall and in the previous days, OKX:FLOKIUSDT price was very well “held”
2️⃣ globally, the #FLOKIUSDC price has worked out the desired correction, which was written about in May
What do you think, will this trade give profit 👍 or loss 👎 ?