#FLOKI Bullish Moments ⁉️ BullRun Possible Depth;

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- Yesterday, FLOKI experienced a burn, which may have contributed to some bullish momentum.

- FLOKI's achievements in building actual products, such as the Valhalla launch and staking, set it apart from other meme coins.

- FLOKI is seen as a long-term opportunity due to its utility, market makers, and backing.

- In the short term, FLOKI is currently bullish, with a sharp uptrend and recent consolidation above a key level.

- A bullish divergence is observed between open interest and price, which is a positive sign.

- Major support and resistance levels for FLOKI are identified at 20,000 and 22,500, respectively.

- A breakout is expected, but it's advisable to wait for confirmation through a 4-hour candle close above 22,500 or below 20,000 before making trading decisions.

- A bullish breakout is considered more likely due to various factors, including the bullish divergence and FLOKI's overall momentum.

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$FLOKI $BTC $BNB #notcoin #buythedip #memecoin #CMEBitcoinSpotTrading