Technical analysis by dRends35 about Symbol FLOKI: Buy recommendation (1/2/2026)

Meme coins absolutely flying - printing a bullish pivot exactly as the clock struck midnight at the turn of the year. This is what crypto does - just as you're celebrating and drinks are popping, this market is also popping. But relative to duration this is still quite early and is another aspect of the risk canon I described in a previous thread (see linked idea). And that is - higher risk moves first. Meme coins are highest risk (since they have 0 fundamentals) and so they move first. And when they do they really pump hard. Many traders cannot understand why to buy meme coins, especially when they are hodlers that make purchases based on what a coin project actually does. But obviously the charts here answer that question - and while you're waiting for your upper tier coin to make a move, the frog coin is already up nearly 50% for the year - in less than 2 days. These coins are not only great trades if you can catch them, but they are also great leading indicators as per the described risk canon. And so when they have a incredible pop, it signals that lower risk may also be about to make a move. In order of decreasing risk, the canon would continue: other altcoins (not meme), Bitcoin, stock indexes. And so these meme move might just be a signal that stock indexes will move bullish in January. That said, this could yet be a bull trap shakeout before regular trading hour stock indexes open in the next hour. But I am favouring the bullish case currently since these meme pops have been so strong. Volatility may arrive as regular trading hour markets open for the year so we'll be watching out for that. And we'll see what is on the other side when that fades. If you've been following my trickle of ideas you'll know that I called Litecoin as warming up last week. And for now - crypto appears to be warming up. We'll see how the day plays out. This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.