FLOKI Is Flashing Bullish—Could a 20% Surge Be Imminent?

FLOKI holders, get ready—because something big might be brewing! The popular memecoin is flashing a bullish divergence on the charts, and analysts believe a 20% rally could be imminent. After months of sluggish price action, FLOKI appears to be turning a corner, setting the stage for a potential breakout.

So, what’s fueling this bullish setup, and how high can FLOKI go? Let’s break it down.

FLOKI’s Bullish Setup: A Perfect Storm?

The latest market recovery has given FLOKI a much-needed boost, pushing its price into a strong technical pattern. Analysts have identified a bullish divergence—a signal that the downtrend is losing steam and that a reversal could be on the horizon.

A bullish divergence occurs when an asset’s price makes a lower low or remains stable while key momentum indicators, like the Relative Strength Index (RSI), start forming higher lows. This suggests that the bearish momentum is fading, making way for potential upside action.

Currently, FLOKI is trading around $0.000059, after climbing 2.50% in the last 24 hours. Meanwhile, trader and investor interest has skyrocketed, with trading volume jumping by 10%—a clear sign that the market is waking up.

Key Price Levels to Watch

For FLOKI to truly take off, it needs to hold above the $0.0000056-level. If this happens, analysts predict a 20% surge, potentially pushing the price toward $0.00000723.

But the rally might not stop there. If FLOKI breaches and closes above $0.0000073 on the daily chart, traders could see another 20% move, bringing the price up to $0.00000885 shortly.

Potential Risks: Can FLOKI Sustain the Momentum?

Despite this bullish outlook, one key concern remains—FLOKI is still trading below the 200 Exponential Moving Average (EMA). This suggests that the overall trend remains bearish, and the coin could face resistance on its way up.

However, whale activity adds another intriguing layer to the story. According to data from IntoTheBlock, a whale has accumulated a staggering 747.74 billion FLOKI tokens in the price range between $0.000037 and $0.000047. This accumulation zone now serves as a crucial support level, which could help FLOKI hold its ground.

Trader Sentiment: Over-Leveraged Positions Could Add Volatility

One factor to keep an eye on is trader positioning. Analysts note that traders appear over-leveraged, particularly at $0.0000547 on the lower side and $0.0000628 on the upper side. If FLOKI’s price moves aggressively in either direction, liquidations could trigger sharp price swings.

Meanwhile, profitability among FLOKI holders is on the rise. The latest surge has pushed 55.27% of holders into profit, while 42% are still at a loss due to higher entry prices. The remaining 2.42% are at breakeven, meaning the next price move could determine whether more holders turn green—or if the bears take back control.

What’s Next for FLOKI?

With strong technical signals, rising trading volume, and increasing whale accumulation, FLOKI appears to be on the verge of a significant move. If it can break through key resistance levels, a 20% rally—or more—could be on the table.

However, market conditions remain unpredictable. Will FLOKI defy the odds and surge higher, or will bearish pressure keep it in check? Traders will be watching closely in the coming hours.

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