Market Overview for FLOKI/Tether (FLOKIUSDT): 24-Hour Analysis

• FLOKI/Tether declined 0.62% in 24 hours, breaking below key support.
• Volatility expanded with widening Bollinger Bands and a 22.5% price swing from high to low.
• RSI dropped into oversold territory, suggesting potential for a short-term rebound.
• High volume consolidation below $0.00010138 suggests bearish continuation risk.

FLOKI/Tether (FLOKIUSDT) opened at $0.00010198 on 2025-09-18 at 12:00 ET, reached a high of $0.00010352, and closed at $0.00009786 as of 12:00 ET on 2025-09-19. Total volume for the 24-hour period was 66,593,050,510.0, with a notional turnover reflecting sustained bearish pressure. Price formed a bearish flag pattern during consolidation and tested key support levels repeatedly, with a breakdown below $0.00010138.

Structure & Formations

Price action on FLOKI/Tether exhibited a descending triangle pattern during the morning hours of 2025-09-19, consolidating between $0.0001023 and $0.00010352. A breakdown below $0.00010138, supported by a long lower shadow and negative close, confirmed bearish sentiment. A series of hanging man and dark cloud cover patterns emerged after 06:00 ET as sellers took control, indicating exhaustion in the short-term buyers.

Moving Averages

On the 15-minute chart, price closed below both 20-EMA ($0.00010245) and 50-EMA ($0.00010278), suggesting a bearish bias. The 50-EMA and 200-DMA on the daily chart are aligned in a downward slope, further reinforcing a continuation of the bear trend. The 100-DMA acts as a potential pivot for short-term reversals.

MACD & RSI

The MACD crossed below the signal line at 04:00 ET, signaling bearish momentum. RSI has dropped below 30 into oversold territory, but a rebound may face resistance at the 50-level. A potential double-bottom or inverse head-and-shoulders could emerge if RSI bounces from oversold and MACD finds a positive divergence.

Bollinger Bands

Bollinger Bands expanded significantly during the breakdown at $0.00010138, with the 20-period band widening from 0.0000006 to 0.0000012. Price closed near the lower band, indicating a high probability of further consolidation or a test of $0.00009655 if the downward move continues. A reversal above the middle band could signal a short-term bounce.

Volume & Turnover

Volume spiked during the breakdown phase at $0.00010138 with a 24-hour peak of $3,372,802,024 at 01:15 ET. However, volume declined after 06:00 ET despite a continued price drop, suggesting diminishing bearish conviction. The price-volume divergence indicates potential for a short-covering rally ahead.

Fibonacci Retracements

Key Fibonacci levels for the 15-minute swing from $0.00010198 to $0.00010352 include 38.2% at $0.00010265 and 61.8% at $0.00010219. On the daily chart, the 61.8% retracement of the prior bull move from $0.00009500 to $0.00010352 is at $0.00009985, which has already been tested and rejected. A breakdown below $0.00009655 aligns with the 78.6% level, indicating deep bear territory.

Backtest Hypothesis

A potential backtesting strategy could focus on short-term bounces from the oversold RSI (below 30) in conjunction with volume divergence. A long entry could be triggered when RSI crosses above 30 and volume increases relative to the previous hour. The target would be the 50 RSI level or the 61.8% retracement at $0.00010219, with a stop-loss set below the last confirmed support at $0.00010138. If price fails to hold above that level, the strategy would then target a short position with a stop above $0.00010265. The approach could be backtested using 15-minute OHLCV data from the last 30 days to validate signal accuracy.