- FLOKI is in a strong downtrend, breaking out of a year-long range and approaching the $0.00002650 support level, which previously triggered a 913% rally in 2024.
- Market indicators signal weakness, with Chaikin Money Flow (CMF) at -0.06, suggesting low buying pressureand potential liquidity drying up, increasing the risk of a breakdown.
- Holder profitability remains high, with 57.79% of FLOKI investors still in profit, which may help limit selling pressure—while 41.44% are at a loss, posing a risk of capitulation if prices continue to slide.
The memecoin market has been taking some serious hits lately, and Floki [FLOKI] isn’t escaping the bloodbath. After breaking free from a year-long price range, FLOKI now appears to be sliding fast toward a critical support level—$0.00002650. That same level, just a year ago, ignited an explosive 913.93% rally back in March 2024. Could history repeat itself? Or is FLOKI staring into the abyss?
Right now, FLOKI sits at $0.00007118, well off its previous peaks. Structurally, the chart looks wobbly. If this downward momentum keeps up, the $0.00002650 zone could be its last line of defense. A stronghold—or a final breaking point.
Weak Hands? Money Flow Hints at Liquidity Crunch
Zooming in on the Chaikin Money Flow (CMF) indicator, things aren’t looking too reassuring. It’s currently stuck at -0.06—meaning weak buying pressure and a market swayed by dominant sellers. If CMF keeps sinking, it could be flashing red alarms for drying liquidity, potentially accelerating a dive straight to the key $0.00002650 support region.
But flip the script for a second—if CMF suddenly starts perking up, that could signal fresh accumulation. And if that happens? Bears might just have to pack their bags.
Flashback: The Last Time FLOKI Touched This Level…
History has a way of leaving breadcrumbs. The last time FLOKI dipped to the $0.00002650 zone, it went parabolic. Demand flooded in, and the price skyrocketed. Could it happen again? If the price taps this level, buyers might see it as an opportunity to scoop up cheap FLOKI, potentially sparking another wild rally.
But—and it’s a big but—if FLOKI loses its footing below that level, brace for impact. The slide could deepen, dragging prices down to $0.00002250, maybe even lower. Right now, the market remains tilted bearish, and all eyes are locked on $0.00002650—it’s the battleground that could determine FLOKI’s fate.
Hidden Strength? Why FLOKI’s Profitability Matters
There’s another layer to this puzzle: FLOKI’s profitability metrics. That key support zone between $0.000024 and $0.000036 isn’t just any price range—it’s where 5.9K addresses are holding a massive 4.57 trillion FLOKI tokens. That’s a heavyweight cluster of buyers. If prices dip there, strong demand could step in, potentially flipping the script and triggering a bounce.
Looking at profitability, the numbers tell an interesting story. A hefty 57.79% of FLOKI tokens are currently “In the Money”—meaning those holders bought in at prices lower than the current $0.000074 mark. This matters because when a majority of investors are still in profit, they’re less likely to panic sell, which reduces downward pressure.
source: Intotheblock
The Risk Factor: Who’s Underwater?
On the flip side, 41.44% of FLOKI holders are “Out of the Money,” meaning they bought at higher levels. That’s where selling pressure could creep in—especially if the price stagnates or trends lower.
Then there’s the narrow group—0.77% of tokens sitting “At the Money.” These holders are teetering right on the edge of breakeven, meaning even a small price fluctuation could tip them into profit. If that happens, it could actually reduce selling pressure, fueling another potential rally.
The Bottom Line
FLOKI is at a make-or-break moment. If support at $0.00002650 holds, history suggests another big run isn’t off the table. But if the floor gives way? The plunge could get nasty. Watch liquidity signals closely—momentum is everything in this market.
