Recently, FLOKI has seen a big increase, with prices rising over 50% above the breakout level. With a current price of $0.0001195, the token has moved away from a downward trend that lasted since early 2025.
Analysts think this shift could be a sign of a bigger sentiment change, but they also urge caution. After a period of tight trading, buyers took control as the previous resistance at the top trendline faltered.
Source:(X)
This movement out of the downtrend was an important change for FLOKI's daily chart. The downward-sloping channel, which guided price action for several months, was breached convincingly in early May.
Since breaking out, prices have shot up from $0.0000780 to a region near $0.0001200. Right now, FLOKI is showing a 15.7% increase over the day, with matching gains of 15.2% over BTC and 11.9% over ETH.
FLOKI now faces short-term resistance at $0.0001228. If this support is breached, market observers believe the token may try to reach highs from late 2024 once more. Should FLOKI fall, analysts see support coming in at $0.0001028.
This level may prove critical in maintaining the structure of the current uptrend. The daily trading range is now a little narrower, which hints that short-term traders are waiting to see what happens.
The market's current surge has analysts warning about going long, particularly because it has advanced very quickly. Even though trading volume is up, it hasn't reached the highs of past market movements. If buyers lose strength close to the current resistance, we could see a short decline. That said, a continuation of the uptrend might be signaled if bulls remain energetic and form a higher low. Right now, the picture combines positive short-term signals with uncertainty about what broader market factors might mean for the future.
The post FLOKI Rockets Past Downtrend, Eyes $0.0001228 as Bulls Take Charge appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.