$FLOKI
Technical analysis of FLOKI coin (current price: $0.000177)
1. Support and resistance analysis:
- Support zone:
The nearest support level is in the range of **$0.00017 - $0.000175**, where the price could stabilize if it decreases.
- Resistance zone:
A strong resistance level is expected around **$0.000185 - $0.00019**, where the price may face significant selling pressure.
2. Trading strategy:
Buying price zone (Entry):
- Consider opening a buy order in the support zone **$0.00017 - $0.000175**, ideal for optimizing risk.
#### **Selling price zone (Take profit or Short):**
- Consider selling when the price reaches **$0.000185 - $0.00019**, a strong resistance zone.
- If there are signs of breaking resistance, consider holding to take advantage of the upward trend.
3. TP (Take Profit) and SL (Stop Loss) settings:
- Take Profit (TP):
- Target 1 (TP1): **$0.000185 (near the first resistance zone).**
- Target 2 (TP2): **$0.00019 (the strong resistance level).**
- Stop Loss (SL):
- Set Stop Loss at **$0.000165**, below the support zone to minimize risk when the market breaks support.
4. Notes:
- The cryptocurrency market is highly volatile, it is necessary to manage capital closely and do not trade with money you cannot afford to lose.
- Always stay updated on market developments and technical indicators such as RSI, MACD, or volume to confirm trends.
- The information provided is for reference only and should not be considered investment advice. Please consider carefully before trading#FLOKI #BTC $BTC #ReboundRally