As a senior market analyst, the analysis of the 1000FLOKI/USDT 4-hour chart is as follows: From the market structure perspective, after experiencing a drop, the price is currently in a clear bottom consolidation phase. The price is fluctuating narrowly around the middle band of the Bollinger Bands (approximately 0.04011) as well as the short-term moving averages EMA(7) and EMA(25) (approximately 0.04027-0.04033). The narrowing of the Bollinger Bands further confirms that market volatility is decreasing and is accumulating momentum. Although the price is still below the long-term moving average EMA(99) (approximately 0.04250), indicating that the long-term trend remains under pressure, the convergence of short-term moving averages and the price's successful establishment above them is a typical signal of declining bearish momentum and the market transitioning into a sideways bottoming phase.
From the convergence of technical indicators, this view is further supported. The RSI indicator hovers around the neutral level of 50, indicating that the forces of bulls and bears have temporarily reached a balance, but have rebounded from the previous oversold area, leaving space for potential upward movement. Meanwhile, the fast and slow lines of the MACD indicator are tending to converge below the zero axis and show signs of forming a golden cross, with weak histogram energy, which is typically interpreted as a sign that bearish strength is exhausted and the market is about to experience a trend reversal.
Therefore, establishing a long position around the current level of 0.04043 has a high probability. The logic here is that the price has found a foothold at a key support level (i.e., the middle band of the Bollinger Bands and the cluster of short-term EMA moving averages) and has stopped the downward trend. This consolidation behavior can be seen as a buildup before an upward movement. Once the price effectively breaks through the upper boundary of the current consolidation range, it is likely to quickly test the first significant resistance level—EMA(99). This is a high-probability trading setup based on effective support levels, exhausted bearish momentum, and the resonance of multiple indicators.
**Trading Setup:**
- **Entry Point:** 0.04020
- **Target 1:** 0.04250
- **Target 2:** 0.04400
- **Stop Loss:** 0.03900
$1000FLOKI
