FLOKI/USDT Weekly Analysis

Wait 5 sec.

FLOKI/USDT Weekly AnalysisFLOKI / TetherUSBINANCE:FLOKIUSDTshakhitami 🔹 Current Price: 0.00009710 USDT FLOKI is trading inside a short-term ascending channel. However, price has already tested the channel’s upper boundary three times without a successful breakout, which increases the probability of a breakdown to the downside. 📊 Key Supports: •0.00008000 USDT – first major support inside the channel •0.00005986 USDT – critical support (losing this level could trigger a deeper sell-off) 📊 Key Resistances: •0.00013882 USDT – first resistance •0.00023000 USDT •0.00035000 USDT 📈 Bullish Scenario: If price holds above 0.00008000, buyers may push FLOKI toward 0.00013882. A breakout above this resistance could confirm strength and open the way to higher levels (0.00023000 – 0.00035000). 📉 Bearish Scenario (more likely at this stage): Multiple rejections from the channel top suggest weakness. If 0.00008000 breaks, price could retest 0.00005986. Losing this level would expose FLOKI to further downside, potentially toward 0.00004000 – 0.00003000. ⸻ ✍️ Conclusion: FLOKI is at a decisive zone. •Holding above 0.00008000 keeps the bullish scenario alive. •Breaking below 0.00008000 increases the risk of a strong bearish move. ⸻ 📌 #FLOKI #Crypto #Altcoins #TradingView #TechnicalAnalysis #CryptoTrading