FLOKIUSDT SPOT
Updated

FLOKI Bull or Bear?!

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My TA for FFLOKI:

#FLOKI is in a downtrend since the local top at the end of November 2024. That was a 75% drop.

FLOKI still managed to stay in support. Closing on the daily and weekly candle above the support would be bullish.

Losing the support and closing below it? That could cause a freefall drop towards 0.00004. That's another 50% from this point.

There are bullish indicators:
- The daily RSI is around 30, aka oversold.
- The weekly RSI is at 40, the lowest levels since September 2023!
- Also, we see a bullish divergence on the daily timeframe.

These indicate that this could be the bottom.

Trade safe, my friends.

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FFLOKI update:

#FLOKI still managed to range in the massive support area. Other memes like WWIF, TRUMP, POPCAT and SPX are firing up and marked the bottom for memes.

IMO it's a matter of time when @RealFlokiInu will cath up.

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