Floki Price Forecast: Whale sell-off fuels downside risk as key resistance holds

FLOKI continues to trade down at around 0.000089 USD after dropping from significant resistance. Whale wallets reducing their FLOKI tokens contribute to increasing sell pressure, indicating a bearish trend.

The technical indicators suggest a correction could happen soon. If FLOKI fails to close above 0.000104 USD, it might retest the low of 0.000074 USD, with the Relative Strength Index indicating bearish momentum.

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