FLOKI Price Faces Key Resistance as Retesting Weekly Trendline

The FLOKI cryptocurrency has seen a 6.2% increase in value over the past day, currently trading above $0.00007403. This positive movement comes after FLOKI tested its weekly trendline support and now faces key resistance at the $0.00009 mark. If buyers can regain this level of support and close above it, a rally to the $0.00011 resistance could follow. 6.2% increase per day signals strong short-term momentum. However, if FLOKI fails to reclaim the trendline support, there’s a risk of further price declines, with support around $0.00004 likely to be tested. The market is now waiting for confirmation on whether the bulls can achieve sustained momentum and break above this resistance zone.