FLOKI/USDT on the 2D timeframe is still in a medium–long term correction phase after failing to hold its previous peak. Price is moving inside a clearly defined descending channel, indicating that selling pressure remains dominant.
However, price is now entering a historical demand zone (yellow box 0.00005 – 0.000045), which previously acted as a strong buyer reaction area.
This area is very critical because it aligns with:
The lower boundary of the descending channel
Major horizontal support
A previous bullish impulse reaction zone
---
Pattern Formation
Descending Channel (Bearish Continuation / Potential Reversal Pattern)
Price continues to form consistent lower highs and lower lows
The channel remains valid until a confirmed breakout above the upper red trendline occurs
The longer price holds near the channel base and demand zone, the higher the probability of a reversal
Additionally, price compression is visible near the lower part of the channel, which often precedes an impulsive move.
---
Key Levels
Support & Demand Zone
0.00005 – 0.000045 (yellow box – primary demand and reaction area)
Gradual Resistance Levels
0.000057
0.000066
0.000073
0.000079
0.000100
0.000111
0.000146 (major resistance / previous high)
---
Bullish Scenario
A bullish scenario is valid if:
Price holds above 0.00005
A strong breakout and close above the upper descending trendline (red) occurs
If a valid breakout happens:
FLOKI may begin a medium-term trend reversal
Potential upside targets:
0.000066
0.000079
0.000100
0.000111
Extreme target: 0.000146
This structure reflects a demand-based reversal combined with a pattern breakout, often followed by an impulsive rally.
---
Bearish Scenario
The bearish scenario becomes active if:
Price closes decisively below 0.000045
The demand zone fails to absorb selling pressure
Consequences:
The descending channel remains intact
Further downside continuation toward:
Lower channel liquidity areas
The next psychological support below the current structure
As long as price remains below the red trendline, the overall bias stays bearish to neutral.
---
Conclusion
FLOKI is currently trading at a major decision zone.
Holding demand = potential reversal
Breaking demand = continuation of the downtrend
The 0.00005 – 0.000045 zone is not ideal for panic selling, but also not yet a confirmation for aggressive buying until a breakout is confirmed.
#FLOKI #FLOKIUSDT #CryptoAnalysis #Altcoin #Memecoin #DescendingChannel #DemandZone #SupportResistance #TrendReversal #TechnicalAnalysis
However, price is now entering a historical demand zone (yellow box 0.00005 – 0.000045), which previously acted as a strong buyer reaction area.
This area is very critical because it aligns with:
The lower boundary of the descending channel
Major horizontal support
A previous bullish impulse reaction zone
---
Pattern Formation
Descending Channel (Bearish Continuation / Potential Reversal Pattern)
Price continues to form consistent lower highs and lower lows
The channel remains valid until a confirmed breakout above the upper red trendline occurs
The longer price holds near the channel base and demand zone, the higher the probability of a reversal
Additionally, price compression is visible near the lower part of the channel, which often precedes an impulsive move.
---
Key Levels
Support & Demand Zone
0.00005 – 0.000045 (yellow box – primary demand and reaction area)
Gradual Resistance Levels
0.000057
0.000066
0.000073
0.000079
0.000100
0.000111
0.000146 (major resistance / previous high)
---
Bullish Scenario
A bullish scenario is valid if:
Price holds above 0.00005
A strong breakout and close above the upper descending trendline (red) occurs
If a valid breakout happens:
FLOKI may begin a medium-term trend reversal
Potential upside targets:
0.000066
0.000079
0.000100
0.000111
Extreme target: 0.000146
This structure reflects a demand-based reversal combined with a pattern breakout, often followed by an impulsive rally.
---
Bearish Scenario
The bearish scenario becomes active if:
Price closes decisively below 0.000045
The demand zone fails to absorb selling pressure
Consequences:
The descending channel remains intact
Further downside continuation toward:
Lower channel liquidity areas
The next psychological support below the current structure
As long as price remains below the red trendline, the overall bias stays bearish to neutral.
---
Conclusion
FLOKI is currently trading at a major decision zone.
Holding demand = potential reversal
Breaking demand = continuation of the downtrend
The 0.00005 – 0.000045 zone is not ideal for panic selling, but also not yet a confirmation for aggressive buying until a breakout is confirmed.
#FLOKI #FLOKIUSDT #CryptoAnalysis #Altcoin #Memecoin #DescendingChannel #DemandZone #SupportResistance #TrendReversal #TechnicalAnalysis
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✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.