FLOKI has rebounded sharply from a key accumulation zone, igniting speculation of a potential bullish trend reversal. The meme coin surged 38.12% in a single day, pushing the price to approximately 0.0001312. This sudden move has drawn attention to three critical upside targets: 0.00019082, 0.00023966, and 0.00029775, setting the stage for a possible multi-month rally.
Weekly Chart Confirms Bullish Breakout
FLOKI’s weekly chart presents a compelling breakout pattern after a prolonged downward wedge formation that concluded in early May 2025. The accumulation phase began around early 2025, with the price consolidating in the range of 0.00007466 to 0.0001050, designated as the “ZONE LONG.” This area acted as a major support base, from which FLOKI staged its recent surge.
Now, the price is approaching the first key resistance level of 0.00019082. Should the bullish momentum persist, the next targets are positioned at 0.00023966 and 0.00029775, levels that align with historical price peaks and prior reversal zones.
Technical Targets and Key Resistance Levels
Chart analysis indicates three pivotal price milestones for FLOKI in its potential rally. The first target at 0.00019082 represents a critical retracement zone, where early sellers may test the breakout strength. The second target at 0.00023966 aligns with previous tops, marking a significant resistance level from earlier market cycles.
The third and final target at 0.00029775 could act as a potential top, provided bullish momentum remains intact through the summer of 2026. Traders are eyeing these levels closely, seeking risk-managed entries and exits as FLOKI continues to navigate through its multi-month breakout structure.
Also Read: Floki Inu [FLOKI] Jumps 20%: Analysts Predict Further Bullish Rally
Will FLOKI sustain its bullish momentum, or will sellers step in at key resistance levels? Stay tuned as the market watches for the next decisive move.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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