The post Floki Crypto News: Bulls Eye $0.000169 After Trendline Breakout appeared on BitcoinEthereumNews.com.

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 volume confirmation would be ideal, the technical structure suggests that the crypto could now begin trending higher after prolonged consolidation. Source: X Key resistance levels are forming between $0.0000105 and $0.0000110, where the price previously encountered selling pressure. A clean break above this range could accelerate momentum, aligning with SilverBulletBTC’s analysis that the asset may be ready to “send hard” in the coming sessions. Beyond that, medium-term analyst forecasts point toward a price range between $0.000145 and $0.000170, provided the coin maintains its position above the reclaimed trendline. This setup reflects a potential shift from short-term volatility toward structural upside. Traders will be monitoring volume and resistance levels closely to determine if the breakout can solidify into a sustainable rally. Market Data Shows Growing Interest According to BraveNewCoin, the coin is currently priced at $0.0001005, up 3.00% in the last 24 hours. The token’s market capitalization stands at $969 million, with daily trading volume around $76.6 million. The available supply is approximately 9.66 trillion tokens, placing FLOKI at rank 126 by market cap among cryptocurrencies. Source: BraveNewCoin Market analysts note that if momentum…

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Filed under: News - @ September 12, 2025 6:26 pm