What to know:
- FLOKI listed on Webull Pay, expanding access to 24 million retail investors. 🎉
- Volatility spiked over 6% intraday, with sharp reversals around resistance near $0.00009435. 📈📉
- Despite a failed recovery attempt, FLOKI closes near $0.00008946, holding above session lows. 🤷♂️
FLOKI traded in a wide $0.00005422 range over the past 24 hours, swinging from a high of $0.00009435 to a low of $0.00008913 before settling at $0.00008946, down 1.87%, according to CoinDesk Research’s technical analysis model.
The token’s volatile session was marked by a sharp 4% rally during the U.S. morning hours, followed by aggressive profit-taking as resistance formed near the $0.00009400 level. Trading volume spiked to 95.85 billion tokens at the height of the rally — more than 56% above FLOKI’s daily average — before declining steadily into the U.S. afternoon.
FLOKI’s price action coincided with a key milestone announced by the project earlier today. The team revealed that FLOKI has been listed on Webull Pay, a popular U.S. retail crypto trading platform operated by Webull, which boasts over 24 million users. According to the team, the listing significantly increases liquidity and expands access to millions of potential new holders, positioning FLOKI to advance its stated goal of becoming the most recognized and widely used cryptocurrency.
Despite intraday weakness and a late-session fade, FLOKI remained above session lows. A failed recovery attempt around $0.00009016 confirmed that sellers continue to dominate at higher levels, but the token’s ability to hold above $0.00008900 may suggest underlying support near this area as the market digests the implications of the Webull listing.
Technical Analysis Highlights
- FLOKI showed sharp directional shifts around key psychological levels between $0.00008900 and $0.00009400. 🤯
- Early session gains unraveled quickly as volume dried up post-09:00 UTC rally. 🌪️
- Selling pressure became dominant above $0.00009350 with repeated rejection. 🚫
- Final selloff broke below temporary intraday support at $0.00009000. 💔
- Volume during pullback phases remained elevated, indicating distribution. 📊
- Despite downside close, price avoided deeper breakdown below $0.00008900. 🛡️
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2025-07-09 21:37