Floki Crypto News: Bulls Eye $0.000169 After Trendline Breakout
Floki crypto has caught the eye of traders after a decisive breakout from a descending trendline that had restrained the token since mid-July.
The move, highlighted by analysts, suggests that bearish momentum is waning and buyers are regaining control.
With the token consolidating near a key psychological level around $0.0001, analysts believe the token could be on the verge of a sustained rally, setting the stage for higher targets in the medium term.
The daily chart shows FLOKI breaking above a long-standing downtrend line near $0.0000090, signaling the end of weeks of bearish pressure. This breakout, though accompanied by only a modest uptick in trading volume, underscores a shift in sentiment as bulls regain strength. While larger…
