Technical analysis by Goldfinch_song about Symbol FLOKI: Buy recommendation (7/23/2025)

FLOKI has reclaimed the key horizontal support, forming a possible higher low. Currently watching the green box/range low for signs of accumulation (sideways price action) and support confirmation. If FLOKI establishes a range or shows strength at this zone, look for a long entry with stop below the range. Upside target is the range high and previous major resistance, offering a potential ~180% move. Invalidation: clear breakdown and close below the green zone signals failed setup. FLOKI is showing classic bottoming structure: reclaim of support and formation of a higher low after a prolonged downtrend. Range lows historically have provided major entries for explosive moves. If the green box zone acts as accumulation and price holds, it could set the stage for a rally back to the top of the range as seen before. This setup is favored in meme/altcoin cycles, especially when market sentiment improves. Risk is defined, reward is high.