FLOKI’s price has exhibited a strong upward trend, gaining over 3% in the past 24 hours. Technical indicators suggest that this bullish momentum may persist. The meme coin’s weekly and daily price charts remain firmly in the green, indicating a sustained dominance of buying pressure. This bullish surge began following the FOMC announcement last month, reversing a downward trend that had set in after FLOKI reached its all-time high in June. The price action has followed a classic five-wave pattern, with four waves completed before a recent minor pullback.