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Floki Inu (FLOKI) Price Faces Resistance Around $0.000150; A Breakout Above It Signals a Potentially Bullish Move Ahead

王林
王林Original
2024-07-16 14:12:17443browse

price faces resistance around $0.000150; a breakout above it signals a potentially bullish move ahead. IntoTheBlock's In/Out of the Money Around Price shows the key support zone at $0.000144 and $0.0.000148. A daily close below 0.000129 would invalidate the bullish thesis.

Floki Inu (FLOKI) Price Faces Resistance Around </p>.000150; A Breakout Above It Signals a Potentially Bullish Move Ahead

Price encountered resistance at $0.000150 for the fifth day in a row and was trading down 1% at 0.000147 on Thursday. This resistance level aligns with the 200-day Exponential Moving Average of around $0.000152.

If tokens were bought at an average price of $0.000145. These addresses purchased the dog-based meme token at prices ranging from $0.000144 to $0.0.000148, making it a crucial support zone.

Interestingly, the zone mentioned from a technical analysis perspective coincides with the IOMAP findings at $0.000144 and $0.0.000148, making it a key reversal area to watch.

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