With momentum building gradually, analysts have identified critical thresholds that could determine whether FLOKI continues upward<\/a> or re-enters a bearish channel. At the time of writing, FLOKI is trading at approximately $0.00007471.<\/p>\n
A recent post by analyst Artyom (@art_the_trader) outlines <\/a>a bullish scenario developing on both the weekly and daily charts for FLOKI\/USDT. The weekly structure remains intact, with the price holding above the June low and consolidating within a broader recovery formation.<\/p>\n
The daily timeframe supports this broader view, showing FLOKI maintaining its structure<\/a> above July\u2019s lows and trading above the 50-day moving average. A recent break of a descending trendline has opened room for short-term movement toward $0.00001160 and $0.00001460.<\/p>\n
The 24-hour chart shows price fluctuations within a narrow range. FLOKI touched <\/a>a daily high of $0.00007650 before retracing to a low near $0.00007300, closing the session at $0.00007410. This represents a 4.27% intraday decline, reflecting ongoing pressure from sellers at local resistance levels. Despite these movements, support near $0.00007300 remains unbroken, suggesting the area continues to attract defensive buying interest.<\/p>\n
Source: BraveNewCoin<\/a><\/p>\n
From a daily technical perspective, FLOKI is consolidating<\/a> near short-term support after an extended downtrend. The RSI currently reads 47.74 and is trending slightly above its moving average, indicating a mild bullish divergence. Should the RSI rise above 50 and maintain that position, it would strengthen the argument for a breakout toward $0.00010000 in the coming days.<\/p>\n
Source: TradingView<\/a><\/p>\n
Without additional volume and a sustained breakout from the current consolidation band, FLOKI remains<\/a> in a neutral-to-bullish state. The $0.00000750\u2013$0.00000800 zone remains a critical support to watch in case of renewed downside pressure.<\/p>\n","protected":false},"excerpt":{"rendered":"