FLOKI has increased by 18% over the past day, breaking through the downtrend resistance line that has been suppressing its price since October. Trading volume surged to $147.7 million, potentially setting the stage for a retest of October's high near $0.00008930. Indicators such as the parabolic turn indicator and the money flow index suggest bullish momentum, but the negative accumulation/distribution line warns of ongoing selling pressure.
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FLOKI has increased by 18% over the past day, breaking through the downtrend resistance line that has been suppressing its price since October. Trading volume surged to $147.7 million, potentially setting the stage for a retest of October's high near $0.00008930. Indicators such as the parabolic turn indicator and the money flow index suggest bullish momentum, but the negative accumulation/distribution line warns of ongoing selling pressure.