Market Overview for FLOKIUSDT on 2025-08-26

• FLOKI consolidates near key support after sharp 15-minute sell-off to $0.0000935.
• Volume surges confirm bearish momentum, with RSI in oversold territory.
• Bollinger Bands contract midday, hinting at potential breakout.
• MACD trends lower, but negative divergence emerges near $0.0000935.
• Fibonacci retracement at 61.8% ($0.0000939) holds as immediate support.

FLOKI opened at $0.0000974 at 12:00 ET−1 and traded between $0.0000935 and $0.0000987 over the next 24 hours, closing at $0.0000935 by 12:00 ET. Total volume was 112.5 billion FLOKI, with notional turnover of approximately $10.3 million (FLOKIUSDT).

1. Structure & Formations

FLOKI tested a key 15-minute support at $0.0000935—coinciding with the 61.8% Fibonacci retracement of the morning sell-off—before consolidating above it. A bearish engulfing pattern emerged near $0.0000940, signaling short-term bearish bias. A doji at $0.0000939 hints at indecision and potential support consolidation.

2. Moving Averages

On the 15-minute chart, price closed below the 20-period and 50-period moving averages, reinforcing bearish momentum. Daily moving averages (50/100/200) remain unbroken but have not provided directional guidance in the current 15-minute context.

3. MACD & RSI

The MACD remains in negative territory, confirming ongoing bearish pressure, but recent divergence between the RSI and price—particularly near $0.0000935—suggests a potential rebound. RSI is currently in oversold territory at ~30, which may invite short-covering or tactical buying.

4. Bollinger Bands

Volatility contracted midday as price hugged the middle Bollinger Band, indicating a period of consolidation. This may precede a breakout or reversal, with the upper band at ~$0.0000947 and lower band at ~$0.0000925 marking potential turning points.

5. Volume & Turnover

Volume spiked during the morning selloff, particularly between 20:00 and 21:00 ET (UTC-4), aligning with the largest price move to $0.0000935. Notional turnover confirmed the volume spike, indicating significant participation. Price and turnover aligned well during the downtrend, but divergence emerged in the final 2 hours as buying interest increased slightly.

6. Fibonacci Retracements

A sharp 15-minute leg down from $0.0000987 to $0.0000935 saw price find support at the 61.8% level ($0.0000939). This level has acted as a psychological floor in the last few hours and may determine near-term direction.

FLOKI appears to have found a short-term floor near $0.0000935, but bearish momentum remains intact. A retest of this level with strong volume could signal a deeper pullback, while a rebound above $0.0000947 could trigger a counter-trend bounce. Investors should remain cautious of further downside volatility in the next 24 hours.