$FLOKI Price Prediction: Watching Key Levels - BeinCrypto Analytics

FLOKI price declined by more than 21% in the last 24 hours, pulling the meme coin from $0.0001856 to $0.0001459. The altcoin is now close to its last barrier at $0.0001326, falling through, which could lead to a freefall with the price declining below $0.0001000.

The aforementioned cues are not too positive either, suggesting a drawdown could take place anytime soon.

On the other hand, if FLOKI price bounces back from $0.0001484, the bearish thesis could be invalidated. This would give the meme coine enough boost to reclaim $0.0001856 as a support level to eventually breach $0.0002000.