FLOKI/USDT – 4H Chart Analysis

#FLOKI is showing a clear bullish structure on the 4-hour timeframe, aligning with its upward momentum on the daily and monthly charts. The price has formed a series of higher lows (HL) and higher highs (HH), indicating strength in the current trend.

📈 Breakout Zone: The pair has successfully broken above the key resistance zone around 0.00008300, confirming bullish continuation. This breakout opens the path for further upside potential.

✅ Trade Plan:

Entry: A buy position above 0.00008300

Stop Loss (SL): 0.00007190 (below the recent HL support zone)

Take Profit (TP):

TP1: 0.00009236

TP2: 0.00009880

📊 Momentum Indicators:
The RSI is currently near the overbought territory (69.18) but remains supportive of bullish price action as there is no immediate divergence forming post-breakout. Previous bearish divergence played out during consolidation but has since been invalidated.

⚡ Bias: Bullish
A strong breakout and retest of the previous resistance-turned-support would further strengthen the upside thesis. Caution is advised near the TP1 zone as partial profit-taking may occur.