Floki Price Prediction Signals Bullish Continuation Toward $0.00022 After Key Breakout

Floki (FLOKI) price has recently captured attention with a sharp move through a key technical resistance, indicating the potential for bullish continuation.

The price surged past a critical level that had previously rejected multiple rally attempts, sparking renewed interest in the meme coin.

At the time of writing, FLOKI is trading at $0.00014001, down 4.79% on the day, following a strong early-week breakout. Market participants are now closely watching whether the recent breakout can hold and fuel a move toward the projected target of $0.00022780.

Floki Price Breakout Structure Suggests Bullish Momentum

Technical analysis shared by market analyst @kripto_oyuncusu identifies a possible bullish continuation setup on the FLOKI/USDT chart. A clear breakout above the horizontal resistance zone at $0.00014040, marked in red, suggests a shift in sentiment as buyers pushed the token above multiple prior rejection points. The price reached a high of $0.00015512 before encountering pullback pressure, and the key level now serves as support.

Source: X

The chart also features a rounded bottom formation, with the blue line acting as a neckline—typically a signal for potential trend reversal or continuation. The next notable resistance lies at $0.00016379, marked as the blue zone. A sustained move above this level could pave the way for a test of the green target zone at $0.00022780.

However, the analyst emphasizes the need for strength behind the breakout, noting that the price must remain above the red zone to avoid invalidating the pattern.

Volume analysis reinforces this setup. During the breakout, daily trading volume peaked at $722.8 million, indicating strong market participation. The move was backed by active buying pressure, but subsequent profit-taking resulted in a slight decline. The price action now reflects a potential consolidation phase as the market seeks to establish a stable base for the next move.

FLOKI Price Activity Reflects Short-Term Volatility

FLOKI’s 24-hour performance shows active price fluctuations, beginning the session near $0.000141, rallying past $0.0001505, and then correcting back to current levels. The intraday rejection suggests short-term resistance is still present, and traders are actively taking profits at local highs. The range between $0.000139 and $0.000141 has emerged as an important support zone where buyers may attempt to regroup.

Source: BraveNewCoin

Despite the slight daily decline of -0.70%, the token’s overall structure remains constructive if it maintains support above the breakout level. A close above $0.000145 may renew bullish momentum, while a drop below $0.000138 could indicate a deeper pullback.

With a market capitalization of $1.36 billion and a circulating supply above 9.66 trillion, FLOKI remains sensitive to short-term sentiment shifts, typical of high-supply meme coins.

The sharp volume spike during the earlier breakout confirms that initial buying interest was significant. However, much of the volume appears to be driven by speculative trading, as shown by the inability to hold recent gains. For FLOKI to confirm a move toward $0.00022, the current consolidation zone must hold, and renewed buying pressure needs to emerge near short-term support levels.

Momentum Indicators Show Mixed Signals

The daily FLOKI/USDT chart reveals that the uptrend, while still intact, is showing signs of slowing. The MACD (Moving Average Convergence Divergence) remains in bullish territory, with the MACD line at 0.00001610 above the signal line at 0.00001172, and a positive histogram reading of 0.00000438.

Although the histogram bars are narrowing, there is no bearish crossover yet, indicating that momentum has weakened but not reversed.

Source: TradingView

The Chaikin Money Flow (CMF) indicator is currently flat at 0.00, suggesting a balance between capital inflows and outflows. This reflects indecision in the market and highlights the need for stronger accumulation to resume the upward trend. If CMF moves into positive territory and price holds above current support, the bullish setup toward $0.00022780 remains in play.

Traders and analysts will continue monitoring FLOKI’s price action closely. A confirmed daily close above short-term resistance and improving volume indicators could solidify the path toward the next major target.