FLOKI is trading at a level close to $0.000107 after a notable rise ranging between +7% and +8% in recent hours, reflecting renewed interest from traders with massive liquidity entering the market.
Technical indicators:
General movement the trend leans towards short-term upward driven by active buying wave
Price dynamics the recent jumps have increased volatility which provides good opportunities
Relative strength indicators show signals close to overbought which may push the price to a cooling phase or temporary profit-taking
Support and resistance levels:
Nearest support: $0.000095 represents an important base that the market maintains for momentum to continue
Next support: $0.000090 any break of this level may open the door for a deeper decline
First resistance: $0.000111 a key barrier, surpassing it enhances the chances of targeting new peaks.
Second resistance: $0.000125 psychological level that may attract intense selling if the price reaches it
Upcoming forecasts the positive scenario stability above $0.000095 supports continued momentum with the possibility of testing $0.000111 then $0.000125 and the negative scenario if it fails to maintain the first support may drag the price towards $0.000090 and perhaps to lower ranges before any new rebound attempt
In summary, the Floki coin reflects noticeable upward activity with increasing liquidity which keeps the technical picture positive in the short term. However, the proximity of indicators to overbought suggests a likelihood of a quick correction, thus monitoring support and resistance areas remains important for risk management.
