The post Floki Consolidates as Market Activity Cools and Buyers Await Breakout Signal appeared on BitcoinEthereumNews.com.

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…

---

Filed under: News - @ October 16, 2025 4:27 am