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FLOKI Flashes Strong Recovery Signals as Analyst Eyes 50% Pullback Bids

  • Crypto analyst Bluntz Capital highlights FLOKI showing a five-wave impulsive move on the daily chart.
  • The technical chart displays an Elliott Wave 1-2-3-4-5 formation, with current price action suggesting a potential wave 3 peak.
  • Bluntz Capital eyes the 0.00008556 to 0.00007647 zone for a 50%–61.8% Fibonacci retracement as an optimal area for pullback bids.
  • FLOKI's bullish setup, supported by a rising RSI and structural integrity, indicates potential for a new rally phase amid improving market sentiment.

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