FLOKI Retests Weekly Trendline As Price Approaches Key $0.00009 Resistance Zone

FLOKI has failed its weekly trendline support and is now retesting it which is a critical technical juncture.

The prolonged close above the level of 0.00009 may lead to a recovery trend into the level of 0.00011 resistance.

The inability to regain the trendline can drive FLOKI down, and the following good support will be around $0.00004.

FLOKI is constructing an important technical level following the loss of its trendline support over a long period of time on the weekly chart. This has been followed by the recent recovery of the asset which has raised concerns of whether it can regain this lost level. At press time, FLOKI was trading at $0.00007403, which is a 6.2 percent rise per day. It also saw the coin gain 9.5% and 11.4% against BTC and ETH respectively, indicating a relative strength in the short term in pairs.

Nevertheless, the larger structure is placed in jeopardy. The weekly chart indicates that FLOKI has fallen down below its upward trendline that has been serving as a steady support line since early 2025. This area is now being retested by the asset at the bottom, which tends to be a determinant as to the direction the market is going to take next.

FLOKI Consolidates Below Key Resistance as Market Awaits Breakout Confirmation

The price now moves at less than the important price at 0.00009 resistance which concurs with the fractured trendline. Any close above this each week might signal recovered impetus, and might open the way to the stage of $0.00011.

Markedly, this opposition has repelled price overtures several times in the recent past. The market observers are on guard since weekly closes that are near resistance zones frequently decide on whether a break or continuation will ensue. At the same time, FLOKI is trading within a range of 24-hours at 0.00006909 to 0.00008801, highlighting the constrained volatility about this strategic area.

FLOKI Faces Critical Trendline Retest as Bulls Struggle to Regain Momentum

In case buyers do not regain the trendline, FLOKI may continue its fall on the support of 0.00004. This zone was a robust floor in the last correction and can be looked at again in case there is fresh purchasing behavior.

In the meantime, the weekly format of FLOKI is an experiment on the path of recovery and further weakness. The price action in the forthcoming weeks will most probably focus on whether the bulls will be able to get a sustained close above the $ 0.00009 area. The main technical concentration in the market up to that point is the trendline retest.