Is this distribution at the top or just a pause before another spike
Short
Trade Plan
Entry $0.0000340 to $0.0000350
Stop Loss $0.0000365
TP1 $0.0000325
TP2 $0.0000305
TP3 $0.0000280
Why this setup
$FLOKI showing rejection from local highs with multiple upper wicks indicating seller pressure
After a strong impulsive rally price is forming a short term lower high suggesting momentum slowdown
Failure to hold above $0.000034 opens room for a pullback into previous demand zones
Debate
Do you think $FLOKI sees a deeper correction or buyers step in again for another meme run