Floki token has slipped into a consolidation range with bearish momentum growing, indicating weakening buyer strength.
Intraday compression on the 1-hour chart shows a drop in bullish momentum, suggesting a potential short-term reversal.
Open interest remains steady, indicating weak conviction from bears and a lack of enthusiasm from bulls despite price pullbacks.
Floki's price prediction is uncertain with volume drop, market cap at $741 million, and technical indicators showing weak momentum. The price remains below key resistance levels, lacking a clear directional bias.