FLOKI Snapped Off The Previous Week's Profits!
FLOKI had been following a strong trend for the last four weeks. However, this week's downturn has snapped off most of the gains. The investors saw a 24% decline in their portfolio this week making it the 2nd worst performer of the week behind the Wormhole.
The popular meme coin faced a string selloff after the bulls tried to surpass the annual high of $0.0003 level. At the time of writing, FLOKI was trading close to $0.00020 level and seemed to be struggling to gain ground.
On the lower side, the $0.000167 level may act as a strong support and try to halt the further downturn. Despite the significant downturn this week, the long term trend outlook still lies on the positive side. the bulls may bounce back if the selling pressures fades away in the broader market.
FLOKI had been following a strong trend for the last four weeks. However, this week's downturn has snapped off most of the gains. The investors saw a 24% decline in their portfolio this week making it the 2nd worst performer of the week behind the Wormhole.
The popular meme coin faced a string selloff after the bulls tried to surpass the annual high of $0.0003 level. At the time of writing, FLOKI was trading close to $0.00020 level and seemed to be struggling to gain ground.
On the lower side, the $0.000167 level may act as a strong support and try to halt the further downturn. Despite the significant downturn this week, the long term trend outlook still lies on the positive side. the bulls may bounce back if the selling pressures fades away in the broader market.