news 
Floki (FLOKI/USDT) has been trading within a narrow range as it approaches the critical resistance level around $0.00013250. The meme token is consolidating just below this barrier, and market participants are closely monitoring its movement for signs of direction.
According to recent charts shared by analyst Tryrex, Floki’s price action has been clustering directly beneath the 150-minute chart’s upper boundary, suggesting that buyers may be gathering strength before a potential breakout. This repeated testing near the ceiling could precede an impulsive upward extension.
Historical price behavior in similar circumstances, particularly among meme tokens, has occasionally led to swift upward movements. Therefore, confirmation of upside momentum will likely require a decisive close above this critical resistance level.
In the meantime, market sentiment appears to be driven by short-term emotions rather than conviction in a particular direction. Each failed attempt to move higher has been countered swiftly, indicating that sellers remain engaged at these levels.
The chart also highlights that Floki’s price structure shows brief surges followed by quick reversals, and this oscillating pattern may persist until the market is able to generate a conclusive directional cue.
As the asset tests its critical resistance level, it remains to be seen if bulls will regain control or if sellers will push back.
Source: bravenewcoin.com
