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@hardeywumhi
FLOKI is nearing a breakout, with a critical resistance level at $0.00028980. Market metrics indicate optimism, with a 112.57% price-DAA divergence supporting potential upside. Key Takeaways 1. Breakout Imminent: FLOKI is consolidating above the $0.00021129 support level, with key resistance at $0.00024862. 2. Technical Indicators: Fibonacci retracement levels and the Relative Strength Index (RSI) suggest potential for a rally. 3. On-Chain Activity: Daily active addresses have declined, but this may indicate caution among market participants rather than a lack of interest. 4. Liquidation Data: Low liquidation volumes suggest market caution, but a breakout could amplify volatility. 5. Price-DAA Divergence: A 112.57% increase indicates underlying confidence from long-term holders and optimism for sustained upward momentum. What's Next for FLOKI? A confirmed breakout above $0.00028980 could spark a rally towards $0.00034883. However, caution is warranted due to reduced on-chain activity.
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@tiscowide
363 $degen
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@niyola
🍖x1537
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@remchanger
390 $degen
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