FLOKI Market Analysis – May Update
FLOKI is currently consolidating near key resistance at $0.00010557, which is a major breakout level. A clean break above this could trigger an 80% upside move, making this zone critical for trend continuation.
Key Observations:
Market Cap: $800M
Volume: $68M (Low)
Volume/Market Cap Ratio: ~8% – suggests low momentum but potential for buildup
FLOKI already rallied nearly 100%, so a 30–40% correction is considered healthy and likely before the next leg up
Current pullback is ~13–15%, showing signs of selling pressure reduction
Entry Zone:
Ideal entry area: $0.0000073 – $0.0000078 (support and consolidation zone)
Targets:
TP1: $0.0000094 (local resistance)
TP2: $0.0000100 – psychological and breakout zone
TP3: $0.000017 – $0.000018 (if breakout confirms with volume)
Stop-Loss:
Below $0.0000070 – breaking this would invalidate short-term bullish setup
Bias:
Neutral to bullish in short-term while below $0.0000105
Strong bullish breakout potential above $0.0000105
This is a reset phase—low volume, consolidation, and structure building. Watch for a volume surge and breakout attempt above resistance to confirm the move. $FLOKI