Technical analysis by TehLamboX about Symbol FLOKI: Buy recommendation (7/17/2025)

F FLOKI has executed a high-conviction breakout from a converging double bottom + inverse head & shoulders formation — both classic bullish reversal patterns.📊🔥 💥 Technical Breakdown: • Double bottom with neckline break confirms demand zone absorption • Breakout with retest and expanding volume = institutional-grade confirmation • Target zones aligned with Fibonacci extensions and prior HVN zones 🎯 Fib Extension Targets: → 0.0001965 (0.618) → 0.0002375 (0.786) → 0.0002898 (full measured move) 📈 Structure + volume = conviction. This is how trend reversals are born.