Date: Sun, July 06, 2025 | 08:50 AM GMT

As Q3 begins, the cryptocurrency market is extending its momentum from Q2, with Ethereum (ETH) trading near $2,515 after gaining over 3% this past week. In the memecoins space, major tokens continue to attract attention — and Floki (FLOKI) is now showing a chart pattern that could hint at a powerful upside move.

$FLOKI has already climbed more than 66% in the past 90 days. But beyond the numbers, what’s catching more attention now is the striking fractal pattern that FLOKI is forming — one that mirrors a current breakout move seen on BONK.

Source: Coinmarketcap

FLOKI Mirrors BONK’s Breakout Structure

On the daily chart, BONK recently completed a textbook falling wedge pattern — a classic bullish reversal setup. The breakout occurred when BONK broke above the wedge and simultaneously flipped its 50-day, 100-day, and 200-day moving averages. That move triggered a strong 70% rally, with prices rising from around $0.00001312to nearly $0.00002240.

BONK and FLOKI Fractal Chart/Coinsprobe (Source: Tradingview)

Now, FLOKI is showing a very similar setup.

FLOKI has also broken out of its own falling wedge and is consolidating just below its 100-day moving average near $0.000084. This is a key resistance zone, and the same level BONK was at before its breakout began. The resemblance is striking, suggesting FLOKI could be primed for a similar price action.

What’s Next for FLOKI?

If FLOKI can close above the 100-day moving average (currently near $0.000084) with strong volume confirmation, it would likely confirm the fractal setup and open the path toward the 200-day MA and the next horizontal resistance around $0.000117 — a potential 50% move from current levels.

The key to this setup, however, lies in the confirmation. Without a clean breakout above the moving averages, there’s always a risk of rejection or prolonged consolidation.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing in cryptocurrencies.