Floki eyes potential gains of 24%, but how might it play out?

FLOKI has formed a cup and handle pattern, signaling a potential upward rally. The target price increase is projected at 24.82% to 0.00006711 USD, supported by a golden cross pattern and bullish technical indicators.

Traders in the spot market have purchased 502,000 USD of FLOKI recently, contributing to the bullish sentiment. If this accumulation continues, it may lead to a significant supply squeeze, suggesting further price appreciation.

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