FLOKI Price Analysis

FLOKI has broken out of a year-long range and is trending down toward a key support zone at $0.00002650.

The most significant level is between $0.000024 and $0.000036, where 5.9K addresses hold 4.57T FLOKI.

The memecoin market is facing significant drops, with FLOKI trending downward. Currently priced at $0.00007118, it is testing structural weaknesses. This zone may become a make-or-break level for FLOKI.

The Chaikin Money Flow (CMF) indicator is at -0.06, indicating weak buying pressure with sellers dominating the market. A further decline in CMF could signal diminishing liquidity, heightening the chances of a breakdown to the $0.00002650 support zone.

However, if CMF rises, it may indicate upcoming accumulation and a potential bearish trend reversal. FLOKI previously showed a parabolic run from the $0.00002650 area, where demand pushed it to new highs. Renewed interest at this level could result in another significant rally.

Conversely, a breakdown might push FLOKI towards $0.00002250 or lower. While the price action is currently bearish, the reaction at $0.00002650 will determine FLOKI’s next move.

Why You Can’t Overlook the Profitability of FLOKI Holders

The key support in price action is underscored by its position within the significant zone of $0.000024 to $0.000036, where 5.9K addresses hold 4.57T FLOKI. This zone formed a critical support level due to a large concentration of buyers. A drop to this level could trigger strong buying interest, reversing a deeper decline.

FLOKI holders exhibit a strong profitability distribution. Approximately 57.79% of tokens are “In the Money,” meaning those holders bought below the current price of $0.000074, which reduces selling pressure. In contrast, 41.44% of tokens are “Out of the Money,” which raises the risk of selling if prices stagnate or decline. About 0.77% of tokens are “At the Money,” near breakeven, so minor volatility could potentially push these traders into profit, reducing selling pressure and fueling another rally.