#FLOKSUSDT Factors for the bounce:
After such a strong drop (-91% from ATH in 5 days), there is often a dead cat bounce or upward correction (20–50% from the bottom) due to short squeeze, position covering, and FOMO from those who were waiting for the dip.
RSI is not in oversold (<30), but close to neutral — can quickly enter bullish territory with an increase in volume.
The project is fundamentally strong: backed by Coinbase Ventures, Jump Crypto, and others, plans for xChain V2, mobile app, incentives of $10–15 million in tokens for a TVL of $1B.
High futures volume on Binance (top-3 by volume) — often leads to volatile bounces.

