Technical analysis by CryptoNuclear about Symbol FLOKI: Buy recommendation (7/9/2025)

The daily chart of FLOKI/USDT reveals a highly compelling technical setup. After a prolonged downtrend that started in late 2024, FLOKI is now testing a key descending trendline — signaling a potential trend reversal and the beginning of a new bullish phase if a breakout is confirmed.📊 Detailed Technical Analysis:🔍 Pattern Formation:Descending Trendline Resistance: Acting as a dynamic resistance since the November 2024 high, capping every major rally attempt.Consistent Higher Lows: Since March 2025, FLOKI has been forming a series of higher lows — an early bullish sign of accumulation.Volatility Squeeze: Recent candles are consolidating near the apex of the triangle, suggesting a breakout move is imminent.Bullish Structure Forming: A successful breakout would complete a bullish reversal pattern on the daily chart.🟢 Bullish Scenario (Breakout Confirmation):If the price closes above 0.0001079 on the daily timeframe and confirms a clean breakout above the descending trendline, we can anticipate an extended move to the upside.🎯 Key upside targets based on historical resistance zones:1. Target 1: 0.00011535 → Previous minor resistance2. Target 2: 0.00013414 → March 2025 supply zone3. Target 3: 0.00016078 → Strong horizontal resistance4. Target 4: 0.00020000 → Major psychological level5. Target 5: 0.00028779 → Previous swing high (November 2024)💥 A full breakout move to the top could offer over 200% potential upside, making it a high-reward setup for well-managed long entries.🔴 Bearish Scenario (Rejection):If FLOKI fails to break above the descending trendline:⚠️ We could see a retracement to lower support levels:Minor Support: 0.00007500Key Support: 0.00005700Last Defense: 0.00004548 → Previous cycle lowA breakdown below these support levels would invalidate the bullish setup and shift momentum back in favor of the bears.🧠 Pro Tips:Watch for Volume Confirmation during the breakout — high volume adds credibility.Focus on Body Closes, not just wicks, when identifying valid breakouts.Manage Risk Wisely — a stop loss just below the trendline offers solid risk-to-reward.📅 Conclusion:FLOKI/USDT is at a critical technical juncture. A confirmed breakout above the descending trendline could spark a strong bullish trend, while a rejection may lead to deeper correction or consolidation.💡 The next few candles will likely determine the medium-term direction for FLOKI.#FLOKI #FLOKIUSDT #AltcoinBreakout #CryptoSetup #TechnicalAnalysis #BullishCrypto #BreakoutTrade #TrendReversal #CryptoSignals