<ul data-eligibleForWebStory="false">Floki price has surged by 50% after breaking out of a descending channel, indicating a shift in investor sentiment.Positioning above the 50-day moving average confirms the breakout and suggests a potential uptrend.Trading volume has increased significantly, supporting the price movement and showing buyer conviction.Technical indicators like Bollinger Bands and MACD support a bullish setup, with analysts projecting a target range of $0.00010–$0.00012.