Technical analysis by tradersboat about Symbol FLOKI on 7/24/2025

FLOKI/USDT on the daily chart is forming a well-defined ascending channel, respecting both upper resistance and lower support trendlines. The RSI recently entered the overbought zone near resistance, suggesting short-term exhaustion. If price corrects, we could see a move toward the lower trendline, offering a potential long opportunity for another leg higher — keeping the bullish structure intact.