Yes, currently FLOKI is accumulating many bullish signals although it still needs to be cautious with short-term risks:
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📈 Technical basis – bullish signals
1. Ichimoku & EMA bullish
• FLOKI is still above the Ichimoku clouds with supporting EMA lines, indicating positive momentum—there may still be opportunities for further increases if it maintains the current level .
2. Bullish engulfing (Strong bullish engulfing candlestick pattern)
• On the weekly frame, FLOKI has shown a bullish engulfing pattern, a clear sign of a short-term upward trend ().
3. Has reclaimed the support zone, aiming for the resistance level of $0.0001
• After testing the June low (~$0.0000745) and recovering, FLOKI is approaching the psychological resistance level of $0.0001. If it breaks through, it could increase by ~22% .
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🔍 Fundamental Catalysts
• Launch of the Valhalla game & Esports partnership
• The project has just activated the mainnet gaming “Valhalla” and partnered with Method, reinforcing the direction of utility & metaverse development — expanding long-term growth potential .
• Multidimensional development team (AI, DeFi, metaverse)
• FLOKI is continuously integrating energy trends such as DeFi, education, NFT, instilling confidence in growth opportunities for 2025 $FLOKI