Technical analysis by Buyhim about Symbol FLOKI: Buy recommendation (7/7/2025)

This chart presents an hourly analysis of the FLOKI/USDT pair with a potential scenario for price movement. The current trend is developing inside an ascending channel, where price recently bounced from the lower boundary and reached the upper one, triggering a correction.📝 Key points:The price tested the upper boundary of the channel and started moving down.Three key resistance zones are highlighted where reactions or profit-taking might occur:First zone around 0.00007800Second zone around 0.00007400Third zone around 0.00007000A further decline toward the red support line is expected, where a local bottom may form.After reaching this support, there is a potential for an impulsive move back up to retest the upper levels and possibly break recent highs.📈 Idea:Watch for the scenario to play out with a correction into the red zone and a bounce.Look for buying opportunities if reversal patterns appear on lower timeframes around the lower support.Targets on the rebound are set toward a return to 0.00008200 and higher.⚠️ Risk:If the red support breaks downward, the scenario becomes invalid, opening the way for deeper levels.Looking for experienced traders with deposits from $10,000+ to exchange insights and strategies, telegram: t.me/thebuhim