Will FLOKI Surprise Us All? The Plot Thickens... 🐺💥

In a twist worthy of a Bulgakov novel, FLOKI has bounced off the ominous support level like a mischievous cat from the edge of a rooftop, now tiptoeing within a range as predictable as a bureaucrat’s excuse. With liquidity lurking beneath like a shadowy figure in a Moscow alley, and whispers of a Three Drives Pattern forming, a bullish reversal—perhaps a divine sign or just market madness—seems to beckon on the horizon. 🎭

Last week, FLOKI (FLOKI) endured a brutal bearish impulse—imagine a depressed writer hitting rock bottom—channeling its inner Dostoevsky. It plunged into a support zone, making a scene at the 0.618 Fibonacci retracement level with all the flair of a misunderstood genius. Though it bounced, resistance within a high time frame range remained as stubborn as a bureaucrat refusing a bribe. 🚶‍♂️

Now, trading between two confining levels, FLOKI waits like a character in Bulgakov’s “Master and Margarita”—uncertain whether to ascend to glory or descend into chaos. The next move might define its fate, but lurking beneath the surface are whispers—broader market shadows—that suggest another dip is not entirely off the table before a daring breakout. 🔮

Key technical points

Bounce from 0.618 Fibonacci: A textbook reaction—a perfect moment of technical irony, like Bulgakov’s satire—igniting the current rebound.
Trading Between HTF Levels: The price dithers between resistance and support, as dramatic as a courtroom trial, awaiting its verdict.
Three Drives Pattern Developing: The scene is set for a third liquidity sweep—a classic plot twist before the bullish revival. 📈

After last week’s sell-off—more tearjerker than a Gogol story—FLOKI found support at the 0.618 Fibonacci level, that elusive line often regarded as sacred in technical circles. The bounce was neat, precise—like a well-rehearsed play—yet it failed to conquer the high time frame resistance, settling into its middle act. Meanwhile, an old liquidity low remains stubbornly intact, acting like a magnet for market minnows and sharks alike. When it finally sweeps this liquidity low, it could complete the third act of the Three Drives Pattern—a bullish plot twist waiting to happen, volume confirming the narrative, perhaps with dramatic flair. 🕵️‍♂️

If this third drive performs its act, it’ll likely test—or dare we say, trifle with—the 0.618 Fibonacci again. Completing this melodramatic pattern might serve as the spark for a grand reversal, especially if volume dances along, shouting “You shall not pass!” towards VWAP resistance and the previous high, setting the stage for a breakout worthy of Bulgakov’s wildest dreams. 🎭

What to expect in the coming price action

If FLOKI sweeps the current low and delivers a third, more dramatic drive, it may mark the end of the retracement and the beginning of a bullish uprising—like a revolution in a provincial town. 🚀

Keep an eye out for a reclaim of resistance levels—think of it as the hero’s triumphant return—to confirm that the plot has thickened. Until then, FLOKI remains trapped in a range, like a character caught between destiny and chaos, with downside liquidity lurking like a lurking villain. The story is far from over, and the market’s next move might just be the punchline of Bulgakov’s satire. 😉

2025-06-09 21:53

Will FLOKI Surprise Us All? The Plot Thickens… 🐺💥

Key technical points

What to expect in the coming price action

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