FLOKI/USDT Quick Analysis (1-hour chart):
• Upside: FLOKI is currently trading at 0.00025858 USDT, up +5.77% over the last 24 hours. The intraday high was 0.00027529 USDT, while the low was 0.00023255 USDT.
• EMA Support:
• EMA(20): 0.00025353 USDT
• EMA(50): 0.00024570 USDT
The price is still above both the EMA20 and EMA50, signaling that the short-term bullish trend is still intact.
• Resistance & Support:
• Near Resistance: 0.00027529 USDT and the previous high at 0.00028300 USDT.
• Support: 0.00025353 USDT (EMA20) and 0.00024570 USDT (EMA50).
• Trading volume: High, showing strong money flow entering the FLOKI market.
Comments:
• Trend: The uptrend is still dominant, but the price may need to retest the EMA20 or EMA50 before continuing to increase.
• Bullish scenario: If the price breaks above 0.00027529 USDT, the price may continue to challenge 0.00028300 USDT or higher.
• Bearish scenario: If the price breaks below the EMA20, it may correct to the EMA50 at 0.00024570 USDT.
Strategy:
• Consider buying when the price holds above the EMA20 (~0.00025353 USDT).
• Stop loss if price falls below EMA50 (~0.00024570 USDT).
Take profit at 0.00027529 or higher at 0.00028300 USDT.
Pay attention to price and volume movements to react promptly!