📆 Monday, June 2, 2025 – Binance Square
In a new and exciting development, the Floki platform announced a series of marketing and technical partnerships that sparked a wave of interest around the famous FLOKI coin, which is associated with the character 'Floki' from the series Vikings.
Among the highlights announced in recent days:
🔹 A new large marketing campaign in Asia and Europe.
🔹 Ongoing support for the Valhalla metaverse project associated with the coin.
🔹 Renewed social momentum from the FLOKI community on Twitter and Telegram.
These developments have led to a price increase of +17% over 48 hours and an increase in trading volume, but is the news momentum enough for sustainable growth?
🔍 Quick technical overview (4-hour interval – Binance)
Despite the media momentum, the coin has shown sideways and limited movement around the level of 0.0000841 USDT.
📊 Current highlights include:
Current resistance: 0.00008733
Nearby support: 0.00007921
The price is still below the EMA 25 and 99 averages, indicating that the negative trend remains in place in the short term.
The RSI indicator is at 40, reflecting a current weakness in buying momentum.
A timid crossover on the MACD with a slight positive tilt, but without clear confirmation.
Stoch RSI is in the overbought region, which may precede a corrective movement.
✅ Summary and recommendation
The coin is currently undergoing a consolidation phase that may precede a strong movement, but:
⚠️ Entry is not recommended unless a breakout of 0.00008733 is confirmed with a strong candle and high trading volume.
Otherwise, the current range may continue or witness a retest of support again.
📢 Are you following FLOKI? Do you think it deserves a position in your portfolio? Share your opinion in the comments 👇
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