$FLOKI
🚨FLOKI Price Activity Reflects Short-Term Volatility🚨
FLOKI’s 24-hour performance shows active price fluctuations, beginning the session near $0.000141, rallying past $0.0001505, and then correcting back to current levels. The intraday rejection suggests short-term resistance is still present, and traders are actively taking profits at local highs. The range between $0.000139 and $0.000141 has emerged as an important support zone where buyers may attempt to regroup.
Despite the slight daily decline of -0.70%, the token’s overall structure remains constructive if it maintains support above the breakout level. A close above $0.000145 may renew bullish momentum, while a drop below $0.000138 could indicate a deeper pullback.
With a market capitalization of $1.36 billion and a circulating supply above 9.66 trillion, FLOKI remains sensitive to short-term sentiment shifts, typical of high-supply meme coins.
The sharp volume spike during the earlier breakout confirms that initial buying interest was significant. However, much of the volume appears to be driven by speculative trading, as shown by the inability to hold recent gains. For FLOKI to confirm a move toward $0.00022, the current consolidation zone must hold, and renewed buying pressure needs to emerge near short-term support levels.
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