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…