Floki continues to exhibit a subdued short-term structure as the market digests recent volatility following a sharp liquidation event earlier in the week.

While the token has managed to stabilize after briefly falling below key support, the broader price action suggests indecision among participants as open interest and trading volumes continue to decline across exchanges.

Floki Enters Compression Phase as Open Interest Declines

According to recent data from Coinalyze, the FLOKI/USD 1-hour chart shows clear evidence of price compression after a steep selloff that momentarily pushed the token under $0.000005. Following this dip, the token staged a mild recovery, stabilizing around the $0.0000071 region. The reduced volatility and tightening candle structure indicate that the market is in a consolidation phase, with traders showing limited directional conviction.

Source: Open Interest

Open interest has fallen sharply to 3.62 million, reflecting a notable contraction in speculative positioning. The decline highlights that leveraged participants have exited the market either through liquidation or deliberate de-risking.

Such behavior often marks the transition into a low-liquidity phase, where short-term traders wait for renewed catalysts before taking fresh positions. This contraction in speculative activity underscores the cautious sentiment dominating the coin’s near-term outlook.

Market Data Reflects Weak Market Volume and Neutral Structure

Additionally, Data from BraveNewCoin shows FLOKI trading at $0.00007409, down 4.16% over the past 24 hours, with a market capitalization of $715.52 million and a 24-hour trading volume of $130.04 million. The token currently ranks #140 among cryptocurrencies, maintaining a mid-cap position despite reduced inflows.

Source: BraveNewCoin

Price movements within the $0.000071–$0.000076 range signal narrowing volatility, reinforcing the view of a sideways structure. While market participation has weakened, the price’s ability to hold above immediate support suggests that sellers may be losing short-term momentum. However, the lack of strong follow-through buying implies that confidence remains fragile across the asset market.

Technical Indicators Suggest Neutral-to-Bearish Momentum

Insights from TradingView confirm that FLOKI is trading around $0.00007122, down 4.67% on the day, after peaking near $0.00015777 in recent sessions. The structure continues to show a series of lower highs and lower lows, with strong rejection around the $0.00010 resistance zone. Analysts identify the $0.00001544 area as a major support level — a potential pivot zone for trend reversal or extended consolidation.

Source: TradingView

Momentum indicators remain subdued. The Chaikin Money Flow (CMF) reading of 0.02 signals weak but positive capital inflows, hinting at limited accumulation without strong conviction. A breakout above 0.10 would confirm healthier liquidity engagement and potentially precede a rebound. Meanwhile, the MACD shows bearish continuation, with the MACD line below the signal line and the histogram printing red bars, emphasizing sustained sell pressure..