FLOKI Eyes 100% Rally via Bullish Cup-and-Handle Breakout
FLOKI has formed a classic cup-and-handle pattern around $0.00010, signaling a potential breakout toward $0.00020. The daily chart shows the neckline at $0.00011–$0.000115 holding firm amid strong volume, indicating smart money accumulation. A confirmed rise above this area could trigger a measured move that doubles the current price.
Technical indicators support consolidation ahead of a big move. Bollinger Bands are narrowing, while the Chaikin Money Flow hovers near neutral, suggesting inflows are building without significant selling pressure. On-chain data shows a net outflow of $117,260 worth of FLOKI from exchanges, reducing immediate sell-side risk.
Meanwhile, a new listing on Robinhood expands FLOKI’s retail access to over 25 million users. This could boost liquidity and trading interest. Traders should watch for a decisive breakout above the handle’s neckline; failure to hold support might drag prices back to $0.000095. Overall, the setup points to bullish potential for FLOKI.
Bullish
The formation of a cup-and-handle pattern on FLOKI’s daily chart, combined with strong retest volume and narrowing Bollinger Bands, indicates a high-probability breakout setup. On-chain outflows and a new Robinhood listing further support reduced sell pressure and increased retail demand. Historically, altcoins with similar patterns have achieved measured moves of 80–120% once the neckline is breached. In the short term, a decisive breakout could spark bullish momentum and attract momentum traders. In the long term, expanded retail access and steady accumulation by stronger hands may underpin sustained uptrends, provided key support levels hold.