FLOKI Technical Analysis and Trade IdeaRecently, FLOKI has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, there’s a pullback into a major resistance zone with a minor bounce off, and we’re on the lookout for another expansion and pullback to consider a short position if the price action turns out to be favorable. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your consideration.
Please remember, the content provided is solely for educational purposes and should not be taken as investment advice. Trading involves significant risk, highlighting the importance of consistently applying strong risk management strategies.
