Everyone is looking at $FLOKI today. I am sitting this one out
Volume is only 0.7x average on this move
Only $1.1M of 24h volume means size moves this thin book
I need an hourly close and hold above $0.00002346 to take it seriously
Or a clean pullback that holds $0.00002161 and bounces
It could keep running without me
A bad entry costs more than a missed move
Chasing $FLOKI here, or waiting for 0.00002161?
#FLOKI #RiskManagement
Volume is only 0.7x average on this move
Only $1.1M of 24h volume means size moves this thin book
I need an hourly close and hold above $0.00002346 to take it seriously
Or a clean pullback that holds $0.00002161 and bounces
It could keep running without me
A bad entry costs more than a missed move
Chasing $FLOKI here, or waiting for 0.00002161?
#FLOKI #RiskManagement