FLOKI/USDT Breaks Into Wave iii With $0.00012000 Resistance in Sight, Here’s What Analysts Are Wa...

FLOKI/USDT enters wave iii with resistance at $0.00012000, supported by bullish Elliott Wave structure.

Derivatives volume rises 52.30% to $67.30M, while open interest drops 5.47% to $39.45M.

Analysts project FLOKI/USDT reaching $0.000247 by September 2025 amid strong trading participation.

FLOKI/USDT has maintained strong momentum in recent trading sessions as technical and derivatives data show bullish structural patterns. The token is trading at $0.0001028, supported by rising volumes and renewed participation. Analysts report that the current Elliott Wave structure and derivatives activity point toward an extended upward cycle.

Technical Structure and Market Performance

According to analysis prepared by BigMike7335, FLOKI/USDT completed a five-wave advance followed by an ABC corrective phase. Fibonacci retracements confirmed support levels near $0.00004897 and $0.00004300, which held during earlier declines. After bottoming, price entered a new recovery phase, forming waves i and ii, and is now progressing into wave iii.

Resistance aligns near $0.00012000, while support rests close to $0.00006211, marking the current trading range. FLOKI’s one-year chart shows a peak in late 2024, a sharp correction in early 2025, and recovery mid-year. Data from CoinMarketCap reports a $980.93 million market capitalization and $102.1 million in 24-hour trading volume, a 65.62% increase from the previous session.

Source: CoinMarketCap

The token’s supply stands at 9.54 trillion circulating units out of a total 9.65 trillion. Holder data records 556,340 wallets owning FLOKI, reflecting widespread participation. Market performance indicates resilience as price consolidated near $0.00010 after crossing $0.00015 earlier in 2025.

Derivatives Activity and Trading Interest

The FLOKI derivatives market shows increasing activity with trading volume reported at $67.30 million, a 52.30% rise. Open interest recorded $39.45 million, reflecting a 5.47% decrease as traders adjusted positions. The 24-hour long/short ratio stood at 0.9309, showing balanced exposure across the market.

Source: CoinGlass

On OKX, FLOKI’s long/short ratio reached 1.68, signaling stronger long participation. According to an observation by market trackers, liquidations in the past 24 hours totaled $279.62K, with $270.95K from long positions. Short liquidations remained low at $8.67K.

Analysts from CoinCodex project potential growth toward $0.000247 by September 2025, while Changelly estimates a narrower range between $0.000145 and $0.000179. These projections reflect bullish structural conditions as FLOKI/USDT continues advancing with strong technical and derivatives support.

The post FLOKI/USDT Breaks Into Wave iii With $0.00012000 Resistance in Sight, Here’s What Analysts Are Watching appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.