Floki (FLOKI) Faces 14.5% Correction Post-Resistance Rejection Mixed Technical Signals Highlight Critical Juncture

Floki (FLOKI) price action as of July 27, 2025, remains in a critical juncture following a sharp correction from a key ascending channel break. The token trades near $0.00001325, rebounding from a decline triggered by rejection at $0.00001550 resistance. Technical analysis highlights mixed signals: while the broader chart pattern suggests bullish potential with multi-month accumulation zones and cup-and-handle formations, short-term dynamics indicate weakening inflows and bearish pressure. The daily chart shows a large rounded bottom formed from March to July, followed by a breakout in July, but the recent pullback has stalled below the former channel’s midline [1].

The price correction stems from structural rejection at $0.00001570, where FLOKI met the upper Bollinger Band and Fibonacci confluence zones. Sellers intensified this week, breaking the ascending channel on the 4-hour chart. On the 30-minute timeframe, the RSI has declined to 56.8 from 62.1, signaling fading momentum. The MACD histogram is flattening, with a potential bearish crossover forming. Coinglass data further notes a 24-hour net outflow of -$300.6K, reflecting cautious sentiment post-rally [1]. Although the daily On-Balance Volume (OBV) trend remains upward, inflows have not regained strength to support a sustained rally.

Despite the pullback, technical indicators retain a cautiously constructive bias. The Parabolic SAR remains below price, supporting continuation above $0.00001200. The Money Flow Index (MFI) at 86.7 indicates overbought conditions, suggesting consolidation before another breakout. Bull Bear Power (BBP) remains positive, affirming bullish dominance despite the recent decline. Weekly Fibonacci retracement levels at $0.00001375 (0.382) and $0.00001658 (0.5) remain key targets for a resumption of bullish momentum [1].

Short-term forecasts suggest a range-bound scenario between $0.00001250 and $0.00001375. A break above $0.00001375 could retest $0.00001550, while failure to hold above $0.00001300 may push price toward $0.00001200 support. The neckline of the cup pattern acts as a pivotal decision zone. Traders are advised to monitor volume profiles and momentum flows, as RSI stabilization and bullish SAR signals maintain a higher-probability upward bias, albeit with lingering short-term pressures [1].

Key levels to watch include:

- $0.00001375 (Fib 0.382 + neckline)

- $0.00001550 (supply rejection zone)

- $0.00001300 (channel base retest)

- $0.00001200 (breakout retest zone)

The 30-minute RSI at 56.8 and flattening MACD underscore neutrality, while the daily MFI’s overbought status signals potential consolidation. Parabolic SAR remains bullish above $0.00001250, and the OBV trend confirms accumulation despite the recent outflow [1].

Source: [1] [Floki (FLOKI) Price Prediction for July 27, 2025] [https://coinedition.com/floki-floki-price-prediction-for-july-27-2025/]