Floki has surged 22.2% in the past 24 hours, reaching $0.0001343. Such an extraordinary spike is triggered as meme coins begin trending once again. Market price has breached the psychological threshold of $0.0001, sparking an avid sense of interest and hope across the wider altcoin market.
Floki has broken through an important resistance of $0.00011. It has emerged from an ascending W-pattern, hinting at potential further upside. However, the rising wedge formation suggests caution, as it can precede bearish reversals. In March 2025, the price of $FLOKI had reached its bottom of $0.000048.
Currently, weekly RSI is still healthy, showing no overbought signals, a possibility for medium term advances. But the day weekly RSI is overbought, at least up until May 2025, when such a spike preceded a backdown.
If bulls maintain buying traction, the first price objective is $0.00021, providing 70% of potential profit. Volume would be the determinant to keep the rally going. Capital Bluntz described that the $FLOKI has moved into an unmistakable uptrend, powered by an impulsive April–May rally, and is anticipating nice profits among other altcoins.
Floki targets $0.0001450 resistance zone
Fundamentals of Floki support the price action. It has 24hr volume of $1.2B and market capitalization of $1.29B. It is sustained by more than 553.68K holders. TVL of $26.8 million confirms growing confidence and surging use, and that fuels its present rally.
On the one-hour time scale, $FLOKI showed explosive strength and trading at $0.0001327. It literally jumped from below $0.0000950 to as high as $0.0001340. In the rally, volume also spiked, and that is an indicator of genuine conviction into the move.
FLOKI is bullishly consolidating at the moment. There are two descending trendlines that define the flag, the support is around $0.0001250, and the resistance around $0.0001350. Volume is dropping, a bullish sign showing the market is resting, not selling off.
Four-hourly chart shows vast sell orders being sucked up by buying. 10.34B delta buying volume to 96.89B volume of sell is confirmation. 1.12B deltas soaring upwards in buying show bulls still in control, and sell still can’t gain dominance of momentum.
If price breaches above $0.0001350, $FLOKI could potentially re-target $0.0001450. But dropping below $0.0001250 can trigger steeper drop to around $0.0001180.
