$FLOKI

🚨What’s Happening With Floki’s Price?🚨

On the weekly chart, Floki’s price has been stuck within a long-term descending channel since 2024. A brief breakout attempt in April 2025 was rejected below the $0.000120 level, triggering a swift return to the lower half of the range. This failure to sustain upward momentum points to a structurally weak market, where any rallies are being sold into.

The daily chart highlights a firm rejection from the $0.000107 area in late May, followed by a decisive close below the key horizontal support near $0.000088. This breakdown has placed Floki’s price today at risk of a deeper retracement toward the April low around $0.000073. The loss of this range base would open the door to further selling pressure, possibly targeting the 0.786 Fibonacci retracement at $0.000058.

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