Floki token is in an accumulation phase after a recent breakout, maintaining higher ground with stable prices near recent highs.
The market participants are closely monitoring confirmation signals as volume remains steady, indicating potential for a continuation move.
Technical indicators show a bullish bias with higher lows suggesting growing momentum, supported by the Relative Strength Index and MACD.
FLOKI's current consolidation phase near recent highs is seen as setting the stage for a possible next leg higher, with sustained demand above key levels opening the path for retesting prior highs.