Floki shows renewed bullish momentum as analysts highlight its breakout potential above key resistance levels. The token’s consolidation near $0.000070 and rising volume indicate growing buyer confidence.
A sustained move above $0.00007950 could trigger a mid-term reversal, positioning it among top-performing meme coins in November.
The Altcoin Holds Key Support Amid Renewed Accumulation
The asset is showing renewed bullish momentum after a prolonged consolidation phase, according to technical observations shared by market analysts. The token has held firm above the $0.000070 support zone, where buyers appear to be regaining control following a series of short-term pullbacks earlier in October. The daily structure suggests that it may be forming a new accumulation base as trading activity stabilizes and market sentiment turns cautiously optimistic.
FLOKIUSDT Char | Source:x
Analyst Pepper noted that the chart pattern indicates early signs of a potential upside reversal. The token has maintained stability around key moving averages, with traders closely monitoring for confirmation of a breakout.
Sustained price movement above the $0.00007950 resistance would mark a critical shift in short-term direction, signaling the start of a recovery trend. The recent increase in buying pressure reflects a gradual transition toward bullish market conditions after several weeks of limited volatility.
Analyst Sees Bullish Setup Near $0.00007950 Resistance
Technical analysis shows the 20, 50, and 100-day exponential moving averages (EMAs) beginning to converge, suggesting a potential bullish crossover if it sustains its current upward momentum. A decisive move above the $0.00007950 resistance level could confirm this setup, validating a projected price trajectory toward $0.00010–$0.00011 in the coming sessions. Such a move would mark the completion of a medium-term reversal pattern and draw attention from momentum traders.
FLOKIUSDT Chart | Source:x
Analyst CW added that the asset has started breaking through its first major selling wall between $0.000075 and $0.000076. This zone had previously triggered repeated rejections, but the current price behavior indicates that buyers are attempting to reclaim control. A confirmed breakout from this range could open the way for the token to test the next resistance cluster around $0.000082–$0.000086, where stronger profit-taking may appear.
Buyers Build Strength as Trading Volume Expands
Following a tight consolidation near $0.000072, the token has begun to demonstrate stronger accumulation behavior. Buyers have consistently absorbed sell orders in this range, allowing the token to stabilize before initiating its recent breakout attempt. This accumulation phase is supported by expanding volume on the daily chart, reflecting renewed interest among traders seeking confirmation of trend continuation.
FLOKIUSD 24-Hr Chart | Source: BraveNewCoin
Intraday trading data shows that it gained approximately 3.5% in the last 24 hours, moving from $0.000072 to $0.00007582. Trading volume increased to $69.28 million, while market capitalization rose to roughly $732 million, positioning it among the top 135 cryptocurrencies by global rank. The consistent inflow of buyers and growing activity around key resistance areas suggest improving short-term sentiment across the meme coin segment.
Outlook: Bulls Target $0.00010 as Momentum Builds
From a technical standpoint, its recent behavior aligns with an accumulation breakout pattern. Maintaining price action above the $0.000074–$0.000075 zone is essential to preserve the current bullish structure.
A sustained move higher could reinforce the trend, with the next major price objective set between $0.000078 and $0.000080. If momentum continues to strengthen, traders may look toward the $0.00010 mark as the next psychological target.
However, analysts caution that failure to hold above the breakout zone could trigger a short-term retracement toward lower demand levels at $0.000068–$0.000065. For now, the technical setup remains constructive, supported by increasing volume and rising trader participation. The recent performance signals that the asset bulls are regaining momentum, and the token may continue to attract attention as it challenges higher resistance levels heading into November.