Floki Crypto Consolidates at Key Support, Eyes Break Above $0.00008000
Floki’s recent market structure shows a phase of tight consolidation as buyers attempt to defend crucial support levels amid a broader slowdown across meme-based tokens.
The price has remained stable near $0.000071, and technical setups from multiple sources indicate a potential breakout scenario forming if market conditions align favorably in the short term.
Highlights Show Bullish Reversal Setup Near $0.00007000 Support
In a recent analysis shared on X, technical observers noted that the FLOKI/USDT pair on the 120-minute chart is hovering slightly above a critical support zone around $0.00007000. The chart features a green-shaded area marking this level as a probable buy zone, reinforced by the 0.5 Fibonacci retracement at…
