FLOKI showing signs of exhaustion after rebound!
🔴 $FLOKI - SHORT
Trade Plan:
Entry: 0.0000272 – 0.0000278 (zone)
SL: 0.0000288
TP1: 0.0000255
TP2: 0.0000240
TP3: 0.0000220
FLOKI has rejected recent highs on the 4H with RSI(14) fading from neutral and MACD confirming bearish crossover on declining volume at the peaks. Open interest is beginning to unwind while funding rates shift less favorable for longs — textbook distribution signal after the short-term overextension in the meme rotation. Sellers are gaining control as the structure remains capped below key resistance.
FLOKI traders — is this the top or one last push before cooling off?
Click below for trade 👇
Setup valid as of analysis time. Crypto moves fast — always verify live chart on Binance before entering. DYOR & manage risk!
$FLOKI

FLOKI
0.00002687
-3.55%