Quick summary
FLOKI has cracked below a double-touched base and triggered a −15% entry after the June flush. The target is a straightforward base reclaim at 0.00002280 EUR no extension, clean exit. With possible price rallying into the backward base area.
What is FLOKI?
FLOKI is a meme coin inspired by Elon Musk's dog, built across Ethereum and BNB Chain. It has developed a utility ecosystem including a DEX and NFT marketplace, but trades primarily on sentiment and liquidity.
Trade Setup
Base: ~0.00002280 EUR (double-touched, March and April)
Backward base: ~0.00002850 EUR (prior resistance zone above)
Current price: 0.00002013 EUR, below base
Position: entered at −15% below base after the June breakdown
Levels
Entry: −15% below base → ~0.00001938 EUR
Exit: +15% from entry → ~0.00002280 EUR (base reclaim)
Panic: close below 0.00001938 EUR with no reclaim on the next candle
Zoomed out: price has broken a double-touched base and is sitting at the lows. The backward base overhead at 0.00002850 remains a longer-term reference but the target here is conservative — a clean base reclaim at 0.00002280 and out.
Disclaimer
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Written by
Andrew Kamsky
Andrew Kamsky is a Bitcoin analyst. He spent a decade in traditional finance across a Big Four firm and a listed fintech bank before going deep on Bitcoin full-time.
