Floki Inu just turned bullish on its 1D technical outlook (RSI = 57.616, MACD = 0.000, ADX = 13.319) as it made a strong reversal and will most likely close the week in green. The most important news is that it has been holding the 1W MA50 since the August 5th test. This is capable of starting a rally that can achieve +1000% from the Aug bottom as it is similar to the two previous Falling Wedge bullihsh breakouts inside the wider Bullish Megaphone. We target its top (TP = 0.00100) by late Feb 2025.
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