TL;DR
FLOKI’s cup-and-handle structure signals breakout potential, with $0.0002 as a measured upside target.
Analysts highlight strong accumulation, narrowing Bollinger Bands, and exchange outflows supporting a bullish breakout case.
Robinhood listing expands FLOKI’s retail reach, while on-chain data suggests reduced selling pressure is building.
FLOKI Holds Near Key Support
FLOKI traded at $0.0001 on Tuesday, showing a slight daily dip and a weekly loss of 5%. Volume traded was $95.48 million. Despite the pullback, the daily chart demonstrates a cup-and-handle pattern, commonly associated with the continuation of the uptrend.
Meanwhile, the neckline of $0.00011-$0.000115 has been revisited a number of times. The asset is currently an area above, indicating that buyers are still in play. According to analyst Butterfly, volume on the retest has remained strong, and this is an indication of satisfying accumulation.
#FLOKI is sitting above the cup & handle neckline on the daily
We współpracy z: https://cryptopotato.com/floki-targets-massive-rally-with-cup-handle-formation/
