Technical Analysis & Trade Update: FLOKI/USDT

Market Overview:

Current Price: $0.00002410Volume Analysis: Increasing trading activity near the current demand zone suggests potential accumulation.

Key Observations:

Support and Resistance:

Support Levels: $0.0000235 (short-term), $0.0000214 (medium-term).Resistance Levels: $0.0000261 (short-term), $0.0000280 (medium-term).

Indicators Overview:

SuperTrend: Bearish signals on shorter timeframes. Watch for a potential flip if price breaks $0.0000261.Ichimoku Cloud: Price is below the cloud on the 4-hour chart, indicating a bearish bias. A breakout above $0.0000265 would confirm bullish momentum.MACD (Daily): Near a bullish crossover, signaling weakening bearish momentum.RSI: Neutral (hovering near 50), suggesting a consolidating market.Rate of Change (ROC): Positive on the 4-hour timeframe, indicating short-term bullish momentum.

Upcoming Events:AMA on Dec 16th: Could spark increased community activity and sentiment-driven buying.Airdrop Snapshot on Dec 15th: May create short-term buying pressure.Fundamental Insight:Recent News: FLOKI’s no-fee crypto debit card release and Coinbase listing strengthen its fundamentals and credibility. These factors support medium-to-long-term bullish sentiment.



$FLOKI