According to @CryptoMichNL, $FLOKI has surged 1200% since the start of its current run and has performed a liquidity sweep above its previous high. Due to the significant increase, the risk of a heavy correction outweighs the potential for continued upward movement. Therefore, @CryptoMichNL advises against swing trading $FLOKI at this point and suggests waiting for a 30-40% correction before considering an entry.