FLOKI faces key resistance despite growing market interest – Here’s why

• FLOKI’s derivatives market showed a significant surge in volume and Open Interest, with large transactions rising 150%.
• Network growth declined while long positions remained dominant, signaling potential resistance for FLOKI’s price.

Open Interest (OI) in Floki [FLOKI] derivatives has surged by 11.56%, now totaling $15.51 million, reflecting growing market interest. Alongside this, the volume has jumped 61.18%, reaching $40.90 million, signaling increased trading activity. 

These bullish indicators suggest that FLOKI is catching the attention of market participants.

However, it remains to be seen whether the token can maintain this momentum in the face of market resistance.

FLOKI transaction stats: Notable growth in larger transactions

FLOKI has shown a notable increase in transactions across different trade sizes. Smaller transactions in the $0-$1 range have surged by 60%. Transactions in the $100k-$1m range saw an impressive increase of 150%.

This growth in larger trades indicates more institutional investors and high-net-worth individuals are becoming involved. However, the $1m+ transaction category has shown no significant activity.

This suggests that while FLOKI’s mid-range market interest is growing, larger players may still be waiting for the right moment to enter.

Source: IntoTheBlock

Decline in network growth: What does this mean for FLOKI?

Despite rising trading volumes, FLOKI’s network growth has recently declined. The number of new addresses joining the network has dropped significantly, with only 67 new addresses added, at press time.

This decline in network growth raises concerns about long-term market sustainability.

Therefore, it is important to consider whether the token can maintain interest without an expanding user base. This slowdown may signal that the token’s growth could plateau unless new strategies are adopted to attract more participants.

Source: Santiment

Chart overview: Falling wedge pattern and potential breakout

FLOKI is currently consolidating within a falling wedge pattern, which typically suggests a potential breakout. The chart shows that the price has been fluctuating within a defined range and is nearing key support levels. 

At press time, the token was priced at $0.00009357, showing a slight decline of 0.80%, over the past 24 hours.

Therefore, traders will likely watch for a breakout above resistance levels in the coming days, which could drive the price higher.

Source: TradingView

Total liquidations: Long positions outweigh shorts

The Total Liquidation Chart reveals an ongoing trend where long positions are being liquidated more frequently than shorts. At press time, long liquidations total was $1.81K compared to $1.29K in short liquidations. 

This suggests that traders are holding long positions in anticipation of further price increases. However, this could indicate a risky situation if the price continues to show weakness.

Source: Coinglass

FLOKI’s momentum is likely to face resistance

FLOKI’s derivatives market is showing positive growth with increasing volume, OI, and larger transactions. 

Read Floki’s [FLOKI] Price Prediction 2025–2026

However, the decline in network growth and the pattern of long liquidations suggest that FLOKI’s price might face challenges in sustaining this momentum.

Therefore, while the token could break out of the falling wedge, the overall market sentiment remains mixed.