FLOKI Crypto Consolidates After Sharp Rally as Buyers Await Next Breakout
Floki Crypto is showing signs of stabilization after a rapid price surge earlier this week. Following a strong bullish impulse, the token has entered a consolidation phase that may define its next major move.
With open interest holding steady and market activity remaining strong, the asset’s short-term trend could hinge on a decisive breakout in the coming sessions.
Price Action Signals Cooling Momentum
The 1-hour chart displays a distinct surge followed by a retracement and stabilization. Around October 20, FLOKI’s price jumped sharply from roughly $0.000065 to a peak near $0.000090, reflecting aggressive short-term buying pressure likely triggered by speculative interest or news momentum.
Source: Open Interest
However, after…
