🐶 $FLOKI +12.43% – Is it really a strong rise or just 'hanging on' $BTC ?
Floki is showing signs of recovery with a 12% increase in the last 24 hours, reaching a peak of $0.00008979 before making a slight adjustment. Large volume (nearly 700 million FLOKI) indicates that money is flowing back into this meme coin.
However:
👉 Floki still heavily depends on BTC's fluctuations. This increase coincided with BTC bouncing back from the support level of $58k.
👉 RSI is not too hot yet, but the 4-hour chart shows Floki has entered the short-term profit-taking zone after 3 consecutive green candles.
👉 If BTC cools down, Floki could easily 'slip on a banana peel'.
🎯 Conclusion:
If you entered early: Consider taking some profits.
If you are planning to enter: Wait for a pullback to the ~$0.000081–$0.000083 range for a safer entry.
Floki will only truly be 'strong enough' when it breaks through $0.00009 with volume exceeding the peak.