Floki Inu counterattack peak! After a five-month high, will it continue to write a legend or fall into the abyss?

Recently, Floki Inu's performance has exploded! Coinbase announced that Floki will be included in the roadmap, which directly detonated the market-the price soared 28% in one hour, reaching a five-month high of $0.00028309. Although being included in the roadmap does not mean being officially launched, this news alone made the Floki community excited to take off collectively.

Behind the surge: momentum or bubble?

Floki's performance in the past week can be called phenomenal-it doubled in a week and is now stable at the key support level of $0.0002531. Technical indicators are also wildly hinting: the overbought RSI fell from 75 to 58.85, indicating that market sentiment has calmed down a little; and the average directional index (ADX) is at 34.02, indicating that the upward momentum is slightly weak, but still strong.

But the data of whales is more intriguing. Coinglass data shows that a large number of long and short orders are ambushed above and below the support level, suggesting that it may fall first and then rise in the short term. This kind of "layout tug-of-war" by whales undoubtedly makes Floki's future more confusing.

Floki's rebound is indeed eye-catching, but don't forget that this is a meme coin after all, and emotion-driven. Once the support is lost, it may quickly give up the gains. Short-term investors are cautious about chasing highs, and it is more rational to wait patiently for low positions; long-term planners can wait and see, waiting for further dynamics from Coinbase. For more operational dry goods, remember to follow Lao Chen, and see you next time!

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