Lourie Mateja PPv6

#BTC need coins to grab some grub

#FLOKİ This is the FLOKI/USDT monthly chart, it's a memecoin like SHIB, so read the candlesticks with extra caution 😅

### 1. Long-term trend structure
- *Still in heavy downtrend*: Peak at 0.00034900 from 2024, now price is 0.00003033, down 91%.
- *MA7 at 0.00003424 > Current price*: Price just hit the monthly MA7 and got rejected. MA25 at 0.00010114 is far above, sloping down.
- *Price is testing the old bottom 0.00002769-0.00003033*: This is the bottom zone from August 2023 and May 2024. Losing this area means no nearby support left.

### 2. Notable signals
- *This month's candle is a small Doji/Hammer*: After a series of 6-7 consecutive red candles, this month shows indecision at the bottom. Usually signals that the bears are losing strength.
- *Volume is shrinking*: Looking at the volume column below, from the peak in 2024 until now, volume has dropped by 90%. Few sellers, but also few buyers.
- *Average buy price at 0.00002769*: On the chart, there's a tag "Average buy price" right at the bottom. There's a chance a whale is accumulating here.

### 3. Important zones
- *Critical support*: 0.00002769. Losing this area would send FLOKI down to 0.00001524, which is the historical bottom.
- *Nearby resistance*: 0.00003424 MA7. Breaking this would open the door for a bounce back to 0.00007198.
- *Strong resistance*: 0.00010114 MA25. This is the boundary between downtrend and sideways.

### 4. Practical conclusion
FLOKI is at a long-term bottom, but there are no clear reversal signals yet. It's like SHIB: it only pumps when there’s a memecoin wave + news + liquidity coming in. Technical analysis on the monthly chart is just to identify risk zones.

*If you're holding FLOKI*: 0.00002769 is the red line. Losing it means cut losses, holding could see a bounce back to 0.00003424-0.00007198.
*If you're looking to catch the bottom*: High risk. Safer to wait for a monthly candle to close above 0.00003424 along with increased volume.

You want

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