FLOKI witnessed a significant decline, dropping its market cap from 2.65 billion USD to 1.75 billion USD. Despite another recent 1.17% drop, the token maintains support at 0.000183 USD. Analysts see potential for a bullish breakout if speculative interest escalates.

Recently, FLOKI’s price has oscillated between 0.000173 USD and 0.000190 USD, suggesting consolidation within this range. Although there has been increased buying activity, significant market Movement remains elusive due to opposing buyer-seller dynamics.

Open interest in FLOKI surged from 16 million USD to 24 million USD, indicating renewed trader speculation. As a result, volatility may increase, prompting closer monitoring of key price levels at 0.000180 USD and 0.000186 USD for potential support and resistance zones.