FLOKI's Price Hinges on a 48-Hour Decision at the 200-Day SMA

FLOKI's price has been stuck around $0.00002544-$0.00002558, clinging to its 200-day SMA after a 30% weekly surge that is now evaporating fast.

The token reclaimed the 200-day SMA last week for the first time in months, but it's now testing it from above, which is the most dangerous position on any chart.

A daily close below $0.0000265 on conviction volume would end the breakout narrative immediately and send FLOKI back toward its next structural floor at $0.0000219-$0.0000220, a 14-15% drop from current levels.