Ready for a potential surge?
$FLOKI has confirmed a descending broadening wedge breakout on the daily chart after a lengthy consolidation period!
This bullish reversal pattern suggests significant upward momentum, with projections pointing towards a 50%+ rally in the coming days.
Key Levels to Watch
* Retest Zone for Entry: $0.00007788 – $0.00008185
* Invalidation Level: Below $0.00006771
* Next Key Resistance Target: $0.00011016 – $0.00011533
This setup offers a favorable risk-to-reward ratio. Waiting for a retest of the breakout zone could provide the optimal entry point.
As always, do your own research (DYOR) and remember this is not financial advice (NFA).
What are your thoughts on $FLOKI's potential here?
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