$FLOKI đ¨A Short Spike or the Start of Something Bigger?
Today FLOKI decided to remind the market it still exists â the sudden push upward feels like the token is testing whether meme-coin fans are still awake. And it seems they are.
đ Whatâs Happening on the Short Timeframe
The 1-hour chart shows an aggressive impulse: volume picked up, and the price nearly touched the top of the daily range (0.00005293).
The current level around 0.00005246 looks less like noise and more like an attempt to break a local ceiling.
Key observations:
⢠daily growth around +7% â not just a bounce but a confident push;
⢠buyers are clearly in control, even without indicators.
Moving averages on the hourly chart tell the same story â the market is leaning upward until buyers run out of steam.
đ But the Daily Chart Tells a Different Story
On the 1-day chart, FLOKI is still carrying the weight of its previous downtrend. The recent move looks strong, but structurally the price remains below all major MAs:
⢠MA7: 0.00004799
⢠MA25: 0.00004881
⢠MA99: 0.00007276
MA99 is the real âborderlineâ here.
As long as FLOKI trades below it, this looks more like a recovery bounce than a true trend reversal.
đĄ Fundamental Snapshot
FLOKI remains in the Top-100 (#84), with a market cap around $500M.
The circulating supply is massive â 9.54 trillion, which naturally slows down upside momentum.
ATH was 0.000346, and the current price is far from it. The potential is there, but so is the volatility.
â ď¸ What Traders Should Actually Pay Attention To
Right now FLOKI sits in a zone where:
⢠the short-term momentum is strong,
⢠but the mid-term trend is still pressing down.
If the price breaks and holds above 0.00005293, we could see higher levels tested soon.
But without reclaiming 0.00007276, calling it a full reversal is premature.
Remember: meme-coins move faster than news and slower than logic.
DYOR is a must.
#FLOKI #Crypto #BinanceSquare $FLOKI
