FLOKI Price Holds Near Demand Zone As Market Anticipates Major Breakout Move

FLOKI price is showing renewed volatility as analysts share bullish setups. Nehal entered a long at CMP with a stop-loss at $0.00007309, while M A G N A T E projects a rally toward $0.00014–$0.00018.

With the asset consolidating near $0.000082 amid $60M daily trading volume, traders eye key resistance levels for potential breakout momentum.

Analyst Long Position and Risk Management Strategy

Analyst Nehal announced that he has taken a long position on the token at the current market price. His approach includes a stop-loss set at $0.00007309, which is positioned below a nearby support area. This trade structure is designed to protect against downside risk while keeping the opportunity open for potential gains if price recovery occurs.

Analyst Long Position and Risk Management Strategy

FLOKIUSDT Chart | Source:x

The entry decision signals confidence that it can sustain above current levels. The token recently consolidated near $0.000080, a region traders are monitoring closely. If the support continues to hold, the price may attempt a move higher, making Nehal’s setup a reference point for short-term positioning.

Bullish Price Forecast

Analyst M A G N A T E also presented a positive outlook for its medium- to long-term performance. According to his analysis, the token is currently trading near a demand zone, with price action suggesting accumulation. This accumulation phase is often followed by an attempt to reclaim resistance levels.

Bullish Price Forecast

FLOKIUSDT Chart | Source:x

The projections from M A G N A T E’s chart suggest a recovery that could extend into late 2025 and early 2026. Price targets are placed at $0.00012–$0.00014, which has historically served as a supply range. A move above this zone could trigger further rallies toward $0.00018 and, eventually, $0.00026. These milestones are considered crucial in determining whether it can maintain a sustained upward path.

Current Market Activity and Trading Range

The 24-hour chart shows price movement within a tight band, trading between $0.000080 and $0.000083. During the trading session, the altcoin rebounded from a dip and reached a peak close to $0.0000835 before retreating. This quick reversal reflects active buying and selling pressure, suggesting that speculative trading is influencing short-term volatility.

Current Market Activity and Trading Range

FLOKIUSD 24-Hr Chart | Source: BraveNewCoin

Trading volume for the day surpassed $60 million, reflecting strong market activity around the token. Despite the sharp rebound, profit-taking by traders limited further upward continuation. The token is currently consolidating near $0.000082, signaling that the market is attempting to stabilize after fluctuations.

Market Capitalization and Token Supply Considerations

The market capitalization remains close to $794 million, keeping the token positioned within the mid-cap category of cryptocurrencies. This ranking places it in competition with other altcoins that carry both trading volume and investor attention. Maintaining this capitalization range depends on the token’s ability to sustain demand while avoiding extended downward corrections.

The circulating supply stands above 9.65 trillion tokens. Such a high supply base often creates resistance to rapid price growth unless supported by strong inflows of capital. Sustained demand from traders and potential ecosystem developments could help absorb supply pressure, but near-term momentum remains tied to volume trends.

Source: https://bravenewcoin.com/insights/floki-price-holds-near-demand-zone-as-market-anticipates-major-breakout-move