FLOKI Eyes Bullish Breakout Amid Cup-and-Handle Formation

FLOKI is showing a bullish cup-and-handle pattern around $0.0001, signaling potential upside toward $0.0002. Recent price action highlights accumulation, narrowing volatility, and reduced selling pressure from exchange outflows.

The handle forms a descending channel, with the key neckline near $0.00011-$0.000115. A confirmed breakout above this level could trigger a continuation of the uptrend, while a failure may see the price revisit the lower boundary near $0.000095.

Technical indicators, including Bollinger Bands and Chaikin Money Flow, suggest low volatility and steady buying, hinting at a possible strong move ahead. A recent Robinhood listing expands FLOKI’s retail exposure to millions of new users, increasing potential market participation.

Overall, FLOKI’s chart and market activity point to a setup where buyers are positioning for a significant rally.