FLOKI / USD: شکست RSI هفتگی

In this chart, we are analyzing the long-term price action of FLOKI on a weekly timeframe. During a period of increasing market volatility and pessimism, the pure technical structures presented by the chart draw a very clear roadmap for us:

FLOKI has come back to its main trend support after a long corrective phase. On the chart, price is trying to hold above a long-term ascending support line that has been respected for years.

The ascending support line, which has formed the main backbone of the price and carried the trend since the bottom levels of 2022, was tested once again during the latest downward wave. The price received a very strong buyer reaction from this long-term macro support and turned its direction upwards. This zone has historically served as an asymmetrical risk/reward (R/R) area for long-term positioning.

RSI Resistance Breakout
The Weekly RSI 41indicator on the bottom panel provides the most striking technical signal on the board. The major descending trendline that has been pressuring momentum since the early months of 2024 has been clearly broken to the upside. Although the price has not yet fully exploded, this breakout on the RSI is a strong leading indicator confirming seller exhaustion and that momentum has shifted into the control of buyers.

ATH Magnet
When the reaction from the macro support is combined with the positive breakout in momentum (RSI), the probability of the price initiating a new upward cycle is brought to the table. In the event of an increase in risk appetite and market capital rotating into high-beta altcoins, the ultimate target and center of gravity for this technical structure is the All-Time High


As long as the price remains above the black ascending trendline (on a weekly closing basis), the upside structural scenario (bullish thesis) remains valid. A downward breakdown of the trendline would serve as the invalidation point for the formation.