{"id":651264,"date":"2024-11-02T19:30:46","date_gmt":"2024-11-02T19:30:46","guid":{"rendered":"https:\/\/wncen.com\/?p=651264"},"modified":"2024-11-02T10:51:18","modified_gmt":"2024-11-02T10:51:18","slug":"floki-faces-downside-risks","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/floki\/floki-faces-downside-risks\/","title":{"rendered":"FLOKI Faces Downside Risks: $0.000110 Support Level Under Scrutiny"},"content":{"rendered":"

FLOKI<\/span> is navigating a critical moment as technical indicators flash bearish signals, raising concerns over its ability to maintain support at $0.000110. With downward momentum building and sellers gaining strength, this support level has become a focal point for traders watching for signs of stability or further decline. As the market turns cautious, the strength of FLOKI\u2019s support will be crucial in determining its next move and whether it can withstand the current downtrend.<\/span><\/p>\n

This analysis aims to assess the current technical <\/span>indicators<\/span><\/a> signaling bearish pressure for FLOKI and evaluate the potential resilience of the $0.000110 support level. By examining key indicators and <\/span>market<\/span><\/a> dynamics, this piece aims to provide insight into whether the meme coin can hold steady at this critical threshold or if further downside risks loom.<\/span><\/p>\n

Is FLOKI\u2019s $0.000110 Support In Danger?<\/strong><\/h2>\n

On the 4-hour chart, FLOKI is exhibiting negative momentum, trading below the 100-day Simple Moving Average (SMA) as it trends downward toward the $0.000110 support level. A continued descent toward this support suggests that selling pressure is intensifying, and if the support fails to hold, FLOKI could experience more declines.<\/span><\/p>\n

\"FLOKI\"
FLOKI falls below the 100-day SMA while heading toward $0.000110 | Source: FLOKIUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n

Also, the 4-hour Composite Trend Oscillator for FLOKI indicates bearish movement, with the signal line crossing below the SMA line and dropping below the zero line. This shift suggests increasing selling pressure, favoring sellers and raising concerns about <\/span>potential<\/span><\/a> further declines in price.<\/span><\/p>\n

Related Reading: Floki Inu Warning: Analyst Says \u2018Prepare For The Crash\u2019 \u2013 Details<\/a><\/div>\n

On the daily chart, the meme coin displays significant downward momentum, highlighted by a series of bearish candlestick patterns that have emerged following a failed <\/span>recovery<\/span><\/a> attempt. The inability to sustain upward movement after the recovery attempt suggests a lack of buyer confidence and a prevailing bearish sentiment in the market. As FLOKI trends toward this support level, the pressure from sellers could intensify, raising concerns about the possibility of a breakdown.<\/span><\/p>\n

\"FLOKI\"
FLOKI displays bearish movement after a recovery attempt | Source: FLOKIUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n

A thorough examination of the 1-day Composite Trend Oscillator reveals that the asset is positioned for possible extended losses. The signal line has crossed below the SMA line and is trending downward beneath the zero line, signaling a notable shift in momentum toward the negative. If this downward trend continues, FLOKI may face substantial challenges in regaining upward traction, leading to an extended period of diminished price movement and increased bearish <\/span>sentiment<\/span><\/a> in the market.<\/span><\/p>\n

Testing Times Ahead For FLOKI<\/strong><\/h2>\n

FLOKI is nearing a pivotal point as it approaches the $0.000110 support level. If the asset <\/span>breaks<\/span><\/a> this critical threshold, it could trigger an additional decline, potentially leading the price down to the $0.00005381 level and other subsequent support areas.<\/span><\/p>\n

Related Reading: Floki Bullish Breakout Ignites: Could A 96% Surge Be Next?<\/a><\/div>\n

Conversely, should the meme coin manage to hold the $0.000110 support level, it could establish a base for a possible rebound, paving the way for a price increase toward the $0.0002105 mark and other resistance levels.<\/span><\/p>\n

\"FLOKI\"
FLOKI trading at $0.00013 on the 1D chart | Source: FLOKIUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image from Adobe Stock, chart from Tradingview.com<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"

FLOKI is navigating a critical moment as technical indicators flash bearish signals, raising concerns over its ability to maintain support at $0.000110. With downward momentum building and sellers gaining strength, this support level has become a focal point for traders watching for signs of stability or further decline. As the market turns cautious, the strength of FLOKI\u2019s support will be crucial in determining its next move and whether it can withstand the current downtrend. This analysis aims to assess the current technical indicators signaling bearish pressure for FLOKI and evaluate the potential resilience of the $0.000110 support level. By examining key indicators and market dynamics, this piece aims to provide insight into whether the meme coin can hold steady at this critical threshold or if further downside risks loom. Is FLOKI\u2019s $0.000110 Support In Danger? On the 4-hour chart, FLOKI is exhibiting negative momentum, trading below the 100-day Simple Moving Average (SMA) as it trends downward toward the $0.000110 support level. A continued descent toward this support suggests that selling pressure is intensifying, and if the support fails to hold, FLOKI could experience more declines. Also, the 4-hour Composite Trend Oscillator for FLOKI indicates bearish movement, with the signal line crossing below the SMA line and dropping below the zero line. This shift suggests increasing selling pressure, favoring sellers and raising concerns about potential further declines in price. Related Reading: Floki Inu Warning: Analyst Says \u2018Prepare For The Crash\u2019 \u2013 Details On the daily chart, the meme coin displays significant downward momentum, highlighted by a series of bearish candlestick patterns that have emerged following a failed recovery attempt. The inability to sustain upward movement after the recovery attempt suggests a lack of buyer confidence and a prevailing bearish sentiment in the market. As FLOKI trends toward this support level, the pressure from sellers could intensify, raising concerns about the possibility of a breakdown. A thorough examination of the 1-day Composite Trend Oscillator reveals that the asset is positioned for possible extended losses. The signal line has crossed below the SMA line and is trending downward beneath the zero line, signaling a notable shift in momentum toward the negative. If this downward trend continues, FLOKI may face substantial challenges in regaining upward traction, leading to an extended period of diminished price movement and increased bearish sentiment in the market. Testing Times Ahead For FLOKI FLOKI is nearing a pivotal point as it approaches the $0.000110 support level. If the asset breaks this critical threshold, it could trigger an additional decline, potentially leading the price down to the $0.00005381 level and other subsequent support areas. Related Reading: Floki Bullish Breakout Ignites: Could A 96% Surge Be Next? Conversely, should the meme coin manage to hold the $0.000110 support level, it could establish a base for a possible rebound, paving the way for a price increase toward the $0.0002105 mark and other resistance levels. Featured image from Adobe Stock, chart from Tradingview.com<\/p>\n","protected":false},"author":608,"featured_media":651265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[93056],"tags":[92933,85497,91751,87131,91599,85676],"class_list":["post-651264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-floki","tag-composite-trend-oscilator","tag-floki","tag-flokiusd","tag-flokiusdt","tag-simple-moving-average","tag-sma"],"acf":[],"yoast_head":"\nFLOKI Faces Downside Risks: $0.000110 Support Level Under Scrutiny<\/title>\n<meta name=\"description\" content=\"FLOKI is navigating a critical moment as indicators flash bearish signals, raising concerns over its ability to hold the $0.000110 support.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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Trust me, I\u2019ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that\u2019s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people - people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I'm so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I\u2019m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I\u2019ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.","sameAs":["https:\/\/x.com\/NFTwerey"],"url":"https:\/\/wncen.com\/author\/godspowerowie\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"FLOKI Faces Downside Risks: $0.000110 Support Level Under Scrutiny","url":"http:\/\/wncen.com\/news\/floki\/floki-faces-downside-risks\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/floki\/floki-faces-downside-risks\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/Floki-from-Adobe-Stock-2.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/Floki-from-Adobe-Stock-2.jpg?fit=1000%2C563"},"articleSection":"FLOKI","author":[{"@type":"Person","name":"Godspower Owie"}],"creator":["Godspower Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["composite trend oscilator","floki","flokiusd","flokiusdt","simple moving average","sma"],"dateCreated":"2024-11-02T19:30:46Z","datePublished":"2024-11-02T19:30:46Z","dateModified":"2024-11-02T19:30:46Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"FLOKI Faces Downside Risks: $0.000110 Support Level Under Scrutiny\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/floki\\\/floki-faces-downside-risks\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/floki\\\/floki-faces-downside-risks\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Floki-from-Adobe-Stock-2.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Floki-from-Adobe-Stock-2.jpg?fit=1000%2C563\"},\"articleSection\":\"FLOKI\",\"author\":[{\"@type\":\"Person\",\"name\":\"Godspower Owie\"}],\"creator\":[\"Godspower Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"composite trend oscilator\",\"floki\",\"flokiusd\",\"flokiusdt\",\"simple moving average\",\"sma\"],\"dateCreated\":\"2024-11-02T19:30:46Z\",\"datePublished\":\"2024-11-02T19:30:46Z\",\"dateModified\":\"2024-11-02T19:30:46Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/Floki-from-Adobe-Stock-2.jpg?fit=1000%2C563","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/651264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/608"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=651264"}],"version-history":[{"count":3,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/651264\/revisions"}],"predecessor-version":[{"id":651289,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/651264\/revisions\/651289"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/651265"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=651264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=651264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=651264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}