Pair: $1000FLOKI

Current Price: ~$0.02678

24h Change: -1.32% | Range: 2.17% (high $0.02740 / low $0.02652)

Trend / Setup: Bearish structure. Price is trading below MA7 ($0.02716), MA25 ($0.02883), and far below MA99 ($0.03568). The 24h range is tight, indicating low volatility and consolidation within a downtrend. Funding is moderately negative at -0.04259%, meaning shorts are paying longs, which could lead to a short squeeze if buyers step in. Volume is light. The price is hovering near the 24h low of $0.02652, showing weakness.

🔸 Entry Zone (Short - preferred): $0.02720 - $0.02740 (on a bounce / retest of resistance)

🔸 Stop Loss: $0.02780 (above recent highs)

Targets:

🔸 TP1: $0.02650 (24h low)

🔸 TP2: $0.02600

🔸 TP3: $0.02550 (extension if breakdown continues)

Alternative Long Setup (higher risk): Only if price breaks and holds above $0.02740 with strong volume, then a long scalp toward $0.02800. SL below $0.02680. Not recommended given the bearish MA structure.

Key Insight: All three MAs are descending, with MA99 far above at $0.03568. This is a textbook bearish alignment. The negative funding (-0.04259%) suggests many are still short, so be cautious of sudden squeezes on bounces. The tight range suggests a move is coming – watch for a break below $0.02650 to confirm further downside.

DYOR | Not financial advice.