FLOKI Eyes Triple-Digit Gains Backed by Strong Technical and On-Chain Signals🔥
FLOKI has recently broken out above a falling wedge pattern on the daily chart — a technical indicator that typically signals a trend reversal to the upside. Following the breakout, the price has continued to rise, forming a sequence of higher highs and higher lows. At the time of writing, FLOKI is trading around $0.00008702, marking a 4.20% gain over the past 24 hours.
Support zones ranging from $0.00005812 to $0.00006400 have shown resilience, while the lower support area near $0.00003412 remains untested — reflecting the relative strength of the upper support levels. On the resistance side, the $0.00015367 and $0.00025791 levels are expected to serve as long-term targets in the upcoming bullish cycle.
On-chain data continues to support the optimistic outlook for FLOKI. Currently, around 55% of investors are in profit, while 58% have been holding the token for over a year — indicating a stable investor base and long-term confidence in the project. Additionally, another 40% of holders have kept FLOKI for up to one year, showing a significant level of commitment within the community.
FLOKI maintains a very high correlation with Bitcoin, with a correlation coefficient of 0.93 — meaning FLOKI's price often moves in tandem with BTC. Therefore, if Bitcoin’s upward momentum continues, FLOKI is likely to benefit significantly from this trend.