FLOKIUSDT 4H chart shows a textbook meme-driven breakout followed by a clean pullback into prior structure. After a 40% move up in just a few sessions — driven by rising social media hype and a massive jump in futures open interest — FLOKI is now retesting the breakout base near the 0.0000120 level.
This zone served as the high of a multi-month range and is now being tested as support. Price is also riding a clear ascending trendline from the June lows, suggesting overall structure remains bullish unless that trend is broken.
Stochastic RSI is elevated but hasn't rolled over yet, signaling momentum could still push higher if support holds. If bulls defend this zone and break above the upper consolidation, the next leg could push toward the previous local highs around 0.0000170. If support fails, eyes turn to the 0.0000098 mid-range level.
Momentum cooling — structure still intact.
This zone served as the high of a multi-month range and is now being tested as support. Price is also riding a clear ascending trendline from the June lows, suggesting overall structure remains bullish unless that trend is broken.
Stochastic RSI is elevated but hasn't rolled over yet, signaling momentum could still push higher if support holds. If bulls defend this zone and break above the upper consolidation, the next leg could push toward the previous local highs around 0.0000170. If support fails, eyes turn to the 0.0000098 mid-range level.
Momentum cooling — structure still intact.
Try our strategy optimizer at quanttradingpro.com
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Try our strategy optimizer at quanttradingpro.com
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.