FLOKI surged 33.1% in 24 hours, breaking above a key downtrend and reclaiming the $0.0001200 structure level.
Price currently trades at $0.0001334, with $0.0001381 identified as the next major resistance level.
FLOKI gained 32.6% against BTC and 20.4% against ETH, showing strong demand across multiple trading pairs.
FLOKI registered a significant breakout over the last 24 hours, going up 33.1% and recapturing a vital structure level at $0.0001200. The surge is the aftermath of a trendline break and follows extended accumulation. It now trades at $0.0001334, a new range after breaking a series of resistance levels.
The price movement has been emphasized by its size and position within a bigger liquidity area, defined by previous high-volume activity. If FLOKI holds at this point, experts are tracking the $0.0001381 resistance as the next important barrier.
Breakout Clears Downtrend Line as Structure Shifts
FLOKI’s rally began after a clear breakout from the descending trendline that had capped upside since May. This technical reversal occurred just above the $0.0001007 support zone, an area previously tested in early July. Once the trendline was broken, FLOKI surged quickly, closing above the key supply-resistance (SR) zone, and confirming structure shift.
https://twitter.com/CryptoJelleNL/status/1945728581587333184
Notably, the asset reclaimed the $0.0001200 zone with high volume. This price level had previously served as both support and resistance throughout 2024, making the recent retest significant. By clearing this zone, FLOKI created the conditions for a potential retest of the $0.0001381 resistance, last touched in late March.
FLOKI Targets Untapped Liquidity Above Key Levels
The price structure above $0.0001200 suggests a roadmap toward untapped liquidity that remains overhead. These include levels previously marked by fast rejection or low-timeframe selloffs during prior rallies. The chart indicates that liquidity pools from earlier breakdowns have not yet been revisited.
The daily candle shows buyers stepping in around the mid-range, where FLOKI flipped former resistance into intraday support. If current levels are maintained, there is room for price expansion into higher zones, supported by previous volume voids and inefficiencies. Several untested wicks remain above the $0.0001400 level, further supporting the view of active liquidity zones above.
Volume and Pair Performance Highlight Strength
The token's strength was not limited to USD pairs.In the past 24 hours, FLOKI has experienced a gain of 32.6% against BTC and 20.4 % against ETH. Such profits solidify the oversized demand across trading pairs, giving weight to the existing movement.The breakout also comes as the altcoin market begins to strengthen. FLOKI now sits in a zone where trend continuation is possible if support holds. The $0.0001334 level remains the price to watch in the coming sessions.
