FLOKI has experienced a significant decline of 58% since peaking at $0.000201 in January, now facing resistance and pressure to dip further.
A liquidity cluster at $0.000086 may trigger another price dip, while expectations for consolidation between $0.000077 and $0.000083 remain.
The persistent selling indicates a bearish market sentiment, making a quick recovery unlikely as investors wait for signs of reversal.