FLOKI has officially broken out of its months-long descending trendline, signaling a potential trend reversal on the daily chart. After consolidating in a narrow range through March and April, the memecoin is now gaining momentum—supported by a clear breakout and a newly formed ascending support structure. The setup hints at a strong bullish continuation in the near term.
According to the chart projection, if this momentum holds, FLOKI could target levels as high as 0.00002000, marking a significant recovery from its local bottom. As memecoin sentiment picks up once again across the broader market, FLOKI’s technical breakout may attract further attention from traders looking for the next major rally. $FLOKI