FLOKI Price Prediction: Can Bulls Defend Key Support After a 10% Drop?
- FLOKI falls 10%, trading at $0.000115 as strong selling pressure continues to dominate the market.
- FLOKI remains below critical resistance at $0.000132, with support at $0.000114 under increasing threat.
- MACD and RSI indicate bearish momentum, while a break above $0.000146 is needed for a trend reversal.
FLOKI’s price has slipped over 10%, struggling to hold key support levels as selling pressure intensifies. Currently trading near $0.000115, the token faces resistance while broader market weakness adds to the downturn. Analysts note that FLOKI’s price action reflects the overall trend in the crypto market, with indicators signaling continued bearish momentum.
FLOKI Faces Resistance as Downtrend Continues
Technical analysis shows FLOKI remains under pressure across multiple timeframes.
The 4-hour and daily charts highlight a pattern of lower highs and lower lows, reinforcing the bearish outlook. The token has been unable to break past resistance at $0.000132, with additional barriers at $0.000146 and $0.000191.
On the downside, critical support levels stand at $0.000114 and $0.000096, with a deeper decline potentially testing $0.000075. The tok…
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FLOKI Price Prediction: Can Bulls Defend Key Support After a 10% Drop?
- FLOKI falls 10%, trading at $0.000115 as strong selling pressure continues to dominate the market.
- FLOKI remains below critical resistance at $0.000132, with support at $0.000114 under increasing threat.
- MACD and RSI indicate bearish momentum, while a break above $0.000146 is needed for a trend reversal.
FLOKI’s price has slipped over 10%, struggling to hold key support levels as selling pressure intensifies. Currently trading near $0.000115, the token faces resistance while broader market weakness adds to the downturn. Analysts note that FLOKI’s price action reflects the overall trend in the crypto market, with indicators signaling continued bearish momentum.
FLOKI Faces Resistance as Downtrend Continues
Technical analysis shows FLOKI remains under pressure across multiple timeframes.
The 4-hour and daily charts highlight a pattern of lower highs and lower lows, reinforcing the bearish outlook. The token has been unable to break past resistance at $0.000132, with additional barriers at $0.000146 and $0.000191.
On the downside, critical support levels stand at $0.000114 and $0.000096, with a deeper decline potentially testing $0.000075. The tok…
The post FLOKI Price Prediction: Can Bulls Defend Key Support After a 10% Drop? appeared first on Coin Edition.
Read More