FLOKI flipped key resistance levels and gained 82.4% in one month.
Analysts target $0.000163 next, but warn of pullbacks near $0.00012 and $0.00015.
Volume indicators suggest slowing momentum, though the overall trend remains bullish for now.
Floki Inu — FLOKI, has set the charts on fire. The memecoin surged 41% in five days, stunning traders and igniting fresh hype across the market. What makes this move even louder? FLOKI flipped two massive resistance levels into support within 48 hours. The broader memecoin sector added $21 billion in market cap this month, but FLOKI stole the show with an 82.4% rally. Now, every trader wants to know—can the rocket keep flying, or will gravity kick in?
https://twitter.com/CryptoAmb/status/1946843856151978170 Chart Patterns Reveal the Path Ahead
FLOKI’s bullish momentum flipped $0.000096 to support on July 16. The next day, it reclaimed the May high of $0.000123. These flips confirmed strong buying pressure and signaled renewed market confidence. Using Fibonacci extension tools, analysts plotted new targets based on the May-June pullback from $0.000123 to $0.000059. FLOKI already touched the 23.6% extension at $0.000139. Now, all eyes turn to the 38.2% level at $0.000163. That’s the next key upside target, provided buying interest doesn’t fade.
Volume indicators send mixed messages. The Chaikin Money Flow (CMF) dropped to +0.02 after sitting above +0.05 for days. That dip hints at weakening capital inflows. However, the Accumulation/Distribution (A/D) line has steadily climbed for a month. This suggests most holders are still bullish and not taking profits yet. MACD remains bullish, and the price structure shows no clear reversal patterns. So far, momentum favors the bulls. But Bitcoin’s next move could shift the mood fast.
A Cooldown Could Come Before the Next Push
Bitcoin might see a minor drop toward $117,000 over the weekend. If that happens, FLOKI could revisit key liquidity levels below. Fibonacci retracement levels show $0.000122 and $0.000116 as strong support zones. These areas also appear on FLOKI’s one-week liquidation heatmap, signaling they might attract price action soon.
A temporary dip to $0.00012 wouldn’t break the trend. Instead, it might help FLOKI consolidate and gather strength. Analysts also flagged $0.00015 as a possible short-term ceiling. If price reaches that zone, sellers could step in and slow the climb. Volatility is likely. After such explosive gains, FLOKI may need to catch its breath. That’s not a bearish sign—it’s just part of the cycle. Cooldowns often shake out weak hands before another rally.
Momentum remains strong, but it needs volume to sustain the uptrend. Without it, prices can fade fast. Still, current indicators suggest FLOKI’s bull run isn’t over yet. The hype may be high, but smart traders stay grounded. Watching key levels like $0.00012 and $0.000163 could make all the difference. FLOKI’s next breakout—or breakdown—might be just one candle away.