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$FLOKI has currently experienced three consecutive bearish candles on the daily chart, indicating a clear downtrend. From the overall daily chart perspective, the price remains in a downward channel, but today there are signs of a slight rebound near 0.046.
According to the MACD indicator, the two lines are currently operating below the zero line and show potential bullish crossover signals. Additionally, on the KDJ indicator, both the 1-hour and 4-hour timeframes have formed bullish crossovers below 20, exhibiting resonance effects.
Overall, the major trend remains downward, but the smaller timeframes indicate short-term rebound potential. We can consider placing shallow long positions in the 0.046 - 0.0455 range, with a stop loss of 2-3 points. The first resistance level is at 0.0485, and the second resistance is at 0.05. #FLOKI