- FLOKI Breaks Resistance: The memecoin surged 5.18%, breaking past a key resistance level, signaling potential bullish momentum.
- Retail & Whale Interest Growing: Open Interest jumped 30% to $26.39M, while network activity surgedwith new addresses up 25.17% and active addresses rising 45.02%.
- Key Levels to Watch: Support at $0.00009811 remains strong, while a break above $0.00013502 could push FLOKI towards $0.00018743 and beyond.
FLOKI, the beloved memecoin, is making waves again. At press time, it’s trading at $0.00009928, climbing 5.18%on the charts and breaking past a critical resistance level. This move? It’s got traders watching closely, wondering if FLOKI is gearing up for a full-blown bullish breakout.
Open Interest Soars—A Bullish Signal?
Data from Coinglass shows that Open Interest surged over 30%, now sitting at $26.39 million. That’s a big deal—it suggests traders are placing more bets on FLOKI’s future upside.
When Open Interest jumps like this, it’s often a sign of growing confidence, with investors anticipating further price hikes. It’s clear the FLOKI crowd isn’t just speculating—they’re positioning themselves for serious gains.
Key Technical Levels to Watch
FLOKI’s recent bounce came after a successful retest of key support. Right now, momentum is building, with the RSI at 41.40, signaling the memecoin could be climbing out of the oversold zone.
- Support: $0.00009811—this level has been holding firm.
- First Resistance: $0.00013502—breaking this could ignite serious upside.
- Major Target: $0.00018743—if breached, FLOKI could see an explosive move upward.
A break past these resistance zones? That could open the floodgates for a larger rally.
User Engagement on the Rise—More Fuel for FLOKI
Network activity is heating up. Recent data shows:
- New addresses up 25.17%
- Active addresses growing 45.02%
This isn’t just speculation—users are actively engaging with FLOKI. Increased activity like this often precedes strong price movements, reinforcing the idea that FLOKI’s rise isn’t just hype—it’s backed by real adoption.
Retail Traders Jump In—What Does It Mean?
Retail investors aren’t sitting this one out. Smaller transactions (between $0.00 – $1.00) have skyrocketed by 275%, while the $1.00 – $10.00 range jumped 103.33%.
Translation? Retail traders are accumulating, potentially fueling further gains. The broader the user base, the stronger the market’s foundation—and FLOKI seems to be capturing serious attention.
Liquidation Heatmap—Are Traders Holding for Bigger Gains?
Data from Coinglass suggests a cluster of leveraged positions forming around $0.000096 – $0.000098. This indicates strong support, but also the potential for short-term resistance.
If FLOKI holds above this range, it could trigger another wave of bullish momentum.
Final Thoughts—Can FLOKI Keep Climbing?
With Open Interest surging, network activity booming, and retail traders piling in, FLOKI’s outlook appears incredibly strong.
If key resistance levels are broken, expect a sustained rally—one that could make FLOKI a standout performer in the altcoin space. All eyes are on this memecoin—it’s shaping up to be one to watch.
