Floki Inu ($FLOKI) shows resilience as it hovers above a crucial support zone. Market activity and futures analysis provide reasons for cautious optimism.
Floki Inu and Key Support Level
According to analyst Crypto Tony, FLOKI is currently retesting a key support level around $0.00021. This area, which previously acted as resistance, is now serving as a demand zone.
Rising Futures Interest in Floki
Data from CoinGlass shows an increasing trend in FLOKI futures open interest since April 2025, with open interest above $10 million. Analysts note that higher open interest often reflects growing trader involvement and potential bullish sentiment.
Short-Term Weakness and Price Movement Outlook
FLOKI is trading at $0.00007164, down 3.57% in the last 24 hours. The token bounced after reaching a local low of $0.00006600, although RSI remains weak at 42.18. Should FLOKI break above $0.00007400, it may signal a resumption of bullish momentum.
The analysis indicates that Floki Inu continues to hold key support levels while rising futures interest may foreshadow future market changes.
