Current observation: FLOKI is pressing against key resistance around the 4160 level. The price has shown strength reaching this zone, but selling pressure is present at this resistance point.
Chart Reading: Pullback scenario appears likely from here. A retracement down to the 4160 support area would be a normal market correction before potential continuation higher. Traders should watch how price behaves at this resistance—rejection could trigger the pullback, while a clean break would signal strength.
This is textbook resistance behavior. Monitor price action carefully around this level for trading signals.
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SnapshotLaborer
· 1h ago
4160, we can't hold it here, feels like a pullback... Either break below or bounce back, just depends on how these two days play out.
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GateUser-4745f9ce
· 01-03 18:22
It's that 4160 hurdle again. Honestly, it's a bit frustrating... constantly grinding here every day.
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BlockTalk
· 01-02 18:59
Is it coming back to the 4160 level again? It feels like it's going to drop, with such strong selling pressure...
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TokenDustCollector
· 01-02 18:59
The selling pressure is so heavy... It feels like it's going to drop back to 4160.
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BlockBargainHunter
· 01-02 18:56
Can the 4160 resistance level be broken this time? It feels like the selling pressure is a bit fierce.
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TradingNightmare
· 01-02 18:56
It's the same old tired resistance-support rhetoric again... 4160 resistance level? I just want to know if this time it can really break through, and not just a false breakout to trap us retail investors again.
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SatoshiChallenger
· 01-02 18:54
It's another "textbook-level resistance." How many times have I heard this phrase... Data shows that the hit rate for this kind of analysis is generally around 40%, which is not even as good as flipping a coin [cold laugh].
Last year, a coin was also at this "textbook rebound" level at the same time last year. Now the liquidation rate is 98%, which is quite ironic.
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OnChain_Detective
· 01-02 18:33
ngl the 4160 level screams classic distribution pattern... let me pull the on-chain data real quick before everyone gets euphoric about a breakout. statistical anomaly detected if volume doesn't confirm this push fr
FLOKI/USD Technical Setup
Current observation: FLOKI is pressing against key resistance around the 4160 level. The price has shown strength reaching this zone, but selling pressure is present at this resistance point.
Chart Reading: Pullback scenario appears likely from here. A retracement down to the 4160 support area would be a normal market correction before potential continuation higher. Traders should watch how price behaves at this resistance—rejection could trigger the pullback, while a clean break would signal strength.
This is textbook resistance behavior. Monitor price action carefully around this level for trading signals.