The meme coin with big ambitions faces a key breakout moment
FLOKI recently broke out of a clean ascending channel, but enthusiasm didn’t last. After hitting resistance around 0.00001550, the meme coin corrected hard — landing near 0.00001200 before bouncing back to its current level.
Still, the multi-month bullish structure is intact. The daily chart shows a textbook rounded bottom from March through July. Now? We’re possibly forming the “handle” in a “cup with handle” — one of the most watched bullish patterns in crypto TA.
If that plays out, FLOKI might be cooking up a second leg higher.
The correction wasn’t just vibes — it was structure. The price tapped into key resistance:
Momentum slowed.
No panic — but definitely a cooling-off.
Here’s what’s holding FLOKI up:
If bulls reclaim 0.00001375–0.00001400, expect fireworks. Fail to hold 0.00001300? Price could revisit 0.00001200.
Momentum favors consolidation before the next move. Volume is king here.
FLOKI Inu isn’t just another Shiba clone. It’s a meme coin with muscle, pushing utility across gaming, DeFi, education, and even e-commerce. Named after Elon Musk’s dog and backed by a cult-like “Viking” community — this coin’s got lore.
The devs? Public, but pseudonymous — including B, Sabre, MrBrown Whale, and lead dev Jackie Xu, a blockchain veteran.
FLOKI wants to be more than a hype coin. It’s building products, utility, and culture — with an eye on DeFi adoption and crypto literacy. Its multi-chain infra, play-to-earn game, and upcoming integrations give it real staying power, especially if retail comes back in waves.
The chart is whispering bullish. Now we wait to see if the whales agree.
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