- FLOKI reclaimed the $0.0000745 support and flipped bullish structure with a new high above $0.0000754.
- RSI crossed above 50, and price broke past the $0.00008 supply zone—signs of renewed momentum.
- Eyes are now on $0.0000987 and the psychological resistance at $0.0001, though conviction from buyers is still questionable.
June wasn’t exactly kind to FLOKI. The token dropped a rough 12.4% over the month—kind of just bled out slowly. Sure, it made a half-hearted attempt to rally mid-month, and even flirted with a breakdown below the key $0.0000745 support, but buyers didn’t fully give up the fight.
Fast forward to this past week, and that crucial level has been reclaimed. Not with roaring confidence, maybe, but it’s holding. And now FLOKI bulls are eyeballing that elusive $0.0001 mark again—the same one that shrugged them off last month like, “not yet.”
Thing is, there’s still no clear sign the buyers have enough juice to break through it. And with Bitcoin wobbling around its ATH, everything’s a bit shaky.
Bulls Break Structure – Is July Gonna Hit Different?
So here’s what changed. On June 29, FLOKI pushed past its previous daily lower high of $0.0000754. That’s a big deal—it flipped the structure bullish. Since then, we’ve seen higher lows and another push up, keeping that bullish lean intact.
Now, to be fair, the moving averages are still a little gloomy. But the price? It’s trading above the 50-day moving average. And the RSI—after struggling like crazy—finally clawed its way back above 50. So, there’s a pulse. Some hope. Maybe even momentum creeping back in?
Zooming In: Short-Term Charts Showing Signs of Life
Taking a look at the 4-hour chart? That local supply zone at $0.00008—where bulls got slapped down repeatedly in June—is finally breached. That’s a solid win.
If you’re looking to get in, a retest of the $0.000078 to $0.000082 range might be a nice entry point for swing traders. The next bump in the road appears near $0.0000987. That’s just under the $0.0001 psychological barrier, which—let’s be honest—feels more like a brick wall lately.
So, traders might consider locking in some profits if price gets close. But also, stay alert… FLOKI’s story isn’t done yet. That $0.0001 level? Still taunting.
