$FLOKI As a cryptocurrency, FLOKI has recently shown a new accumulation trend, which may indicate that it is about to usher in a round of rising market. After experiencing a round of big gains at the beginning of this week, FLOKI's market volatility has shown new signs of accumulation, which may suggest a potential upward trend in the near future.

From the higher time frame chart, FLOKI has indeed shown an upward trend after setting a new high on Tuesday. However, this upward trend is currently encountering resistance from the middle channel (yellow). It is worth noting that the lower edge of the channel has played an important support role since August, and it is also an area for longs to enter the market. This support level coincides with the buy order area near $0.000014, further strengthening its importance as a key demand area.

Therefore, the current correction phase may be seen as a buying opportunity, and investors can focus on the middle of the channel, the 200-day moving average, or the high area as target price levels. In addition, the trend of the stochastic indicator also suggests signs of a possible reversal in the market, which further supports the prediction of FLOKI's future rise.

However, if the price of FLOKI falls below the channel low, then the above price increase theory will be seriously challenged. Fortunately, there are some optimistic signs that the accumulation trend of FLOKI is strengthening. This is mainly reflected in the increase in supply outside the exchange, which means that many users have transferred their FLOKI from centralized exchanges to their own wallets, which is generally regarded as a manifestation of confidence in future price increases.

At the same time, the supply on the exchange also declined during the reporting period, indicating that the selling pressure from centralized exchanges has eased, creating favorable conditions for further growth of FLOKI. Nevertheless, the weighted sentiment indicator is currently close to neutral levels, indicating that investors do not have a clear preference for FLOKI's rise or fall, and the overall market remains cautious.

In summary, although FLOKI has not shown a clear trend preference after the sharp rise on Tuesday, the price pullback to the key support level may provide investors with a new buying opportunity. In particular, if FLOKI can recover strongly and show sustained growth momentum, investors may usher in more substantial gains.