#FLOKI : The moves coming with…

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- Bitcoin is consolidating and not bearish; this is just a normal market move.

- Bitcoin dominance increased as other cryptos fell more.

- Memecoins dumped violently.

➡️ $FLOKI Analysis:

- Short-term bearish outlook due to losing momentum.

- Two bearish confirmations: drop below 28,500 and 26,000.

- Holding support level, but momentum and open interest are dropping.

- No new momentum coming into the price, expecting a retest of 25-26,000 and consolidation at 22,000.

- Possibility of turning bullish if open interest finds support and increases, breaking above 26,500.

$BTC #memecoins #btc70k #Bitcoin #Bullish