FLOKI has executed a high-conviction breakout from a converging double bottom + inverse head & shoulders formation — both classic bullish reversal patterns.📊🔥
💥 Technical Breakdown:
• Double bottom with neckline break confirms demand zone absorption
• Breakout with retest and expanding volume = institutional-grade confirmation
• Target zones aligned with Fibonacci extensions and prior HVN zones
🎯 Fib Extension Targets:
→ 0.0001965 (0.618)
→ 0.0002375 (0.786)
→ 0.0002898 (full measured move)
📈 Structure + volume = conviction. This is how trend reversals are born.
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