FLOKI is facing a critical phase, with technical indicators indicating bearishness and concerns over its support at $0.000110.
Selling pressure is growing, making this level crucial for traders looking for signs of stability.
On the 4-hour charts, FLOKI is showing negative momentum, below the 100-day SMA.
If the support fails, further declines are possible.
However, if it holds the support, a recovery is possible.