FLOKI started a wave move from 0.00002922 and now trades above 0.00011335 with signs of more growth ahead.
Wave iii is expected to reach 0.00014000 and wave v could extend higher near 0.00020000 as momentum builds.
Volume support near 0.00005244 holds strong while indicators confirm that price is forming a bullish wave cycle.
FLOKI is trading near 0.00011335 USDT after forming a visible Elliott Wave structure pointing to higher levels in the coming sessions. The current chart on the 3-day time frame from Binance shows a completed macro wave 2 or wave (b), followed by a strong start to wave (C). Based on the wave alignment and price projection, potential targets sit near 0.00002000 USDT.
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The structure begins with a five-wave sequence from 0.00000461 to a high near 0.00030239, followed by a retracement toward 0.00002922. This decline retraced into the 0.786 Fibonacci level, often a common retracement zone for wave twos. The chart then transitions into a new impulsive phase, supported by volume spikes and oscillator strength.
As of the latest reading, FLOKI has completed wave (i) and is working through wave (ii) in the new cycle. The plotted path suggests an advance into wave iii, iv, and v, potentially completing the larger wave (C) cycle by early 2026.
Macro Levels Guide the Current Trend Structure
The chart outlines two possible macro labels—Macro 1 as wave (a) and Macro 2 as wave (b)—that guide the longer trend context. Wave (a) completed its structure from July 2023 to March 2024, with five clear sub-waves. From there, a correction pattern labeled ABC carried prices downward until the low in May 2025.
At the low of 0.00002922, price interacted with the 0.786 Fibonacci retracement from the prior macro move. This level now acts as major demand, backed by high volume support shown in the volume profile on the right. Buyers entered heavily at this zone, leading to a new impulsive breakout marked as wave i.
Wave ii appears to be forming a brief consolidation phase, with the next major movement targeting wave iii’s progression. If Fibonacci projections hold, price could move toward 0.00014000 and possibly break past 0.00020000 in wave v completion. These levels mark key technical targets as FLOKI’s wave (C) formation builds upward.
Volume and Oscillators Support the New Impulse Phase
Indicators below the chart signal bullish strength, with both stochastic and RSI reflecting upward momentum in the early wave stages. The breakout from 0.00004987 to the current level happened with strong volume, confirming market interest. Momentum continued as the wave i pattern completed with rising candle bodies and expanded EMAs.
Volume profile data reveals significant accumulation between 0.00002922 and 0.00005244. This block of demand provides foundation for any future support retests if wave ii extends downward. Currently, price holds above key moving averages, and recent retracement remains shallow compared to previous corrective phases.
The Elliott Wave path now expects wave iii to target at least 1.618 times the length of wave i. That would place the next major resistance above 0.00017000, with room for wave v to extend beyond 0.00020000. One pivotal question emerges from this setup: can FLOKI complete this structure and reclaim macro highs before the next major cycle shift?