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Floki volume explodes 70%: Will it be torn apart with the next resistance?

Floki begins to turn his heads again after jumping from a significant historical support level. Both the price and volume are increasing; $ 0.00007093, approximately 5% increased and transaction volume increased by about 70% in the last 24 hours. This increase in activity comes as a bnb chain where Floki is the upper breast mine, climbing to the top of the global blockchain ranking. This wider acceleration can give a serious fuel to the graphics installation of Floki.

On the technical side, Floki Price rose beautifully around the $ 0.00006200 support zone, a level that moved as a solid base during a few consolidation periods last year. After a lower trend with a lower high and lower trend, the last jump seems clean and may be the first real sign of a trend shift.

As for the resistance, the upper limit of the existing range sits around $ 0.00008700. This level was supported before the collapse of this year, and now the next big area to watch if this movement continues. This December continues to define Floki’s structure, traders closely monitor for a retest, and if the momentum continues, possible rupture.

Also read: What is the value of 10,000 pi money by 2026?

Image Source: X/posty

Floki volume tendencies reflect the changing emotion

Volume behavior offers additional context to the latest price movement. The previous rallies in 2023 were supported by high -volume sudden increases, while the last retreat occurred gradually decreasing volume. This change may indicate that sales pressure is weakened and creates space for renewed accumulation.

Approximately 70% of the last daily volume jump is aligned with the recovery of the price reflecting new interest rates at these levels. Market observers watch whether the price of Floki approaches the resistance levels established during the previous upgrades.

Adds chain power from the bnb chain context

The alignment of Floki with the BNB chain adds another layer to the current market installation. The Floki team emphasized the position of the coin in the chain as a money. In a recent statement, they said that the BNB chain has crossed all other L1 and L2 networks in the event and called it globally the most widely used blockchain.

This feeling was repeated by Crypto Expert Posty, who had previously shared Floki’s price leap at the same level of support. Analyst said that the retail interest in Asia and the increasing activities in the BNB chain, as factors that support the narrative of the coin, could return to the highest levels of all time in the future.

FLOKI PRICE STRUCTURE Compatible with wider ecosystem momentum

The convergence of the graphic structure and the blockchain activity constitute the core of Floki’s current positioning. With the expansion of the BNB ecosystem and the start of the volume key levels, market participants closely observe the next price movements.

If the current levels are kept and the volume continues to increase, a re -test of the resistance area of ​​$ 0.00008700 may develop. Floki’s price is well defined The wider acceleration behind the BNB chain may continue to support Floki’s role in this ecosystem.

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