FLOKI has gained 26.1% in 24 hours, reaching $0.000132
Price has broken above a long-standing daily trendline and completed a retest
Resistance stands at $0.0001381, while support remains at $0.0001057
FLOKI is up 26.1% in the past 24 hours, with its price now holding at $0.000132. The move was the result of a confirmed breakout above a downtrendline on the 1D chart set several months prior. Following the breakout above the trendline, the price has risen over 55%, and a near-term uptrend is now in place. The breakout involved a successful test of the trendline and is therefore a freshly flipped support level.
Source : (X)
This increase brought the price to the area of the resistance level at $0.0001381. In the meantime, the 24-hour low remains at $0.0001057 and serves now as a close proximity support. These two are now the short-term limits of the price range. The price continues to fluctuate within this band, indicating rising participation and possible structural continuation.
Breakout Structure Points to Extended Upside as Volume Builds Above Trendline
A projection from the current structure points to a potential 112.44% move from the breakout zone. This projection targets the $0.0001982–$0.0002089 area, based on chart data from the previous high-volume sell-off zones. These zones have not been revisited since the multi-month decline began in late 2024. The current price structure aligns with this mapped breakout range, which has been drawn directly from the downward trend’s origin point.
Source: (X)
Volume around the breakout area has steadily increased since early July, providing further confirmation of heightened activity. The upward expansion comes after weeks of compression beneath the trendline. This compression phase now appears to have transitioned into price discovery above the former resistance zone.
FLOKI Outperforms BTC and ETH as Liquidity Rotates Across Altcoin Markets
Besides the USD pair breakout, FLOKI also has recorded significant gains against Bitcoin Cash and Ethereum. In the last 24h, FLOKI has appreciated 25.5% against BTC and 14.2% against ETH. These cross-pair executions denote increased demand not only in the spot market but also in BTC- and ETH-pairing within significant trading platforms.
This strength has coincided with broader capital rotation across altcoins, where several tokens have shown similar formations. The consistency of the price gain across multiple pairs suggests that liquidity has been distributed into FLOKI from larger cap coins. As long as support near $0.0001057 holds, the market will likely focus on the $0.0001381 resistance next.
