The post FLOKI Price Prediction: Token Holds $0.000062 Support as Open Interest Drops Sharply appeared on BitcoinEthereumNews.com.

FLOKI continues to face downward pressure, with price action consolidating around the critical $0.000062 support level. The recent pullback reflects broader weakness across the meme coin segment, but technical indicators suggest that selling momentum could be easing as market participants begin repositioning after an extended decline. Drop in Open Interest and Slowing Momentum Market data shows a notable contraction in aggregated open interest (OI) — from above 4.8 million to approximately 3.27 million. This drop indicates a significant liquidation of leveraged positions, as traders reduce exposure amid heightened uncertainty. Such a decline during a price downtrend often reflects long positions being flushed out, leaving the market in a cleaner state for potential recovery. Source: Open Interest The combination of lower OI and stable price movement often precedes a shift in market structure. Analysts note that if FLOKI maintains price stability above $0.0000620 while OI begins to climb again, it could signal a renewed bullish phase. However, failure to attract fresh participation may see price drift toward deeper supports near $0.0000580 before any recovery effort. Overall, the market appears to be in a transition phase — shifting from speculative excess toward a more measured accumulation environment. Market Data: FLOKI Down 5.16% as Market Cap Nears $600 Million According to BraveNewCoin, the coin is priced at $0.00006192, marking a 5.16% decline over the past 24 hours. The project’s market capitalization stands at $598.32 million, with a 24-hour trading volume of $58.04 million. Its circulating supply is approximately 9.65 trillion tokens, ranking it 147th globally by market cap. Source: BraveNewCoin The data confirms that the asset remains in a broad corrective structure following weeks of volatility. Despite this, liquidity levels remain strong, and the price continues to consolidate within a defined range — a sign that sellers may be losing strength as the…

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Filed under: News - @ November 10, 2025 1:26 am