Floki Price Holds Key Support Zone as Traders Watch for Fresh Upside
The post Floki Price Holds Key Support Zone as Traders Watch for Fresh Upside appeared on BitcoinEthereumNews.com.
Floki (FLOKI) is drawing renewed attention after reclaiming a crucial support level near $0.0001125, setting the stage for a potential bullish reversal. As Floki price action stabilizes, analysts highlight key formations hinting at potential upside. The reclaim of the lower range has sparked buyer interest, while long-term patterns point to a breakout structure forming on the weekly chart. Currently trading at $0.0001133, FLOKI is showing resilience despite a minor intraday pullback. Volume remains strong, and the meme coin continues to attract market interest. This FLOKI price analysis explores short-term and macro setups that could lead to a breakout toward the $0.000187 and $0.000325 zones. Floki Price Holds Key Support Zone as Traders Watch for Fresh Upside Floki (FLOKI) is showing signs of stability after reclaiming a key support range, bringing renewed attention to its price structure. The move follows a successful retest of the lower boundary of a well-established trading zone, as observed by Kings Charts. Floki price rebounded from the $0.0001125–$0.0001194 zone, a key pivot during past consolidations and reversals. The reclaim of this area suggests that the recent retracement from mid-July highs near 0.000158 may have encountered early buying interest. This support range has historically triggered trend continuations and holds potential for a short-term move toward the mid-range resistance. Volume on the bounce reached 77.56 billion, suggesting active participation and market engagement during the recovery phase. Mid-Range and High-Level Targets in View According to Kings Charts, maintaining the position above this reclaimed zone could open the path toward higher resistance levels. The first area of interest sits around 0.000187, which is viewed as a mid-range barrier within FLOKI’s broader trading structure. Should momentum persist, attention could shift to the higher target near 0.000283, a level that capped price advances in previous rally attempts. Source :X The current structure…
Filed under: News - @ August 1, 2025 1:26 am