Market Overview for FLOKI/Tether (FLOKIUSDT) on 2026-01-03

Summary
• FLOKIUSDT broke key resistance at $0.0000491, forming a bullish engulfing pattern on 5-minute charts.
• Volatility expanded sharply during the final 2.5 hours, coinciding with a 21.1% price increase from session low.
• RSI reached 63, indicating moderate bullish momentum without overbought conditions.
• Volume increased by 460% during the final 5-minute window at 17:00 ET, confirming the breakout.
• Bollinger Bands showed a contraction earlier in the session before a sharp upward expansion.

FLOKIUSDT opened at $0.00004866 on 2026-01-02 at 12:00 ET and closed at $0.00005057 on 2026-01-03 at 12:00 ET, reaching a high of $0.00005245 and a low of $0.00004701. Total volume was 125,463,429,450 and notional turnover was $6,136,875.15 over the 24-hour window.

Structure and Price Action

The price of FLOKIUSDT displayed a clear upward trend during the final 2.5 hours of the session, breaking above a key resistance level at $0.0000491. A bullish engulfing pattern formed around 16:45 ET, signaling a potential reversal from a consolidation phase. The price then accelerated higher, forming a series of higher highs and higher lows. A 5-minute Fibonacci retracement indicated strong support at $0.00004787 and resistance at $0.0000491, both of which were confirmed by the price action.

Momentum and Volatility

MACD turned positive and crossed above the signal line during the final 90 minutes, indicating a shift in momentum. RSI rose to 63, reflecting moderate bullish pressure without entering overbought territory. Bollinger Bands showed a narrow contraction in the morning hours before a sharp expansion as price surged. Price action remained within the upper band during the final 2.5 hours, suggesting strong upward volatility.

Volume and Turnover Analysis

Volume spiked sharply in the last 5-minute interval, with a 460% increase from the average 5-minute volume. This surge was accompanied by a 21.1% increase in price from the session low, confirming the bullish breakout. Turnover also accelerated, with the largest trade volume occurring in the last 5 minutes at $613,687.51. While volume and price were aligned, the large single-candle move may indicate short-term speculative behavior rather than broad institutional buying.

Forward-Looking Perspective

FLOKIUSDT appears to have broken out of a key resistance zone, suggesting a possible continuation of the upward trend in the next 24 hours. However, the rapid price increase and high volume in the final candle may create short-term profit-taking pressure. Investors should remain cautious of a potential pullback toward the $0.0000491 level in the near term.