FLOKI Surges 66% in 90 Days, Mimics BONK's Bullish Pattern

As the third quarter of 2025 begins, the cryptocurrency market continues to build on the momentum gained in the second quarter, with Ethereum (ETH) trading near $2,515 after a week of over 3% gains. Within the memecoins sector, several major tokens are drawing significant attention, with Floki (FLOKI) emerging as a notable player due to a chart pattern that suggests a potential substantial upward move.

FLOKI has already surged by more than 66% over the past 90 days. However, the recent focus is on the fractal pattern that FLOKI is forming, which closely resembles the breakout pattern observed in BONK. This pattern is indicative of a potential bullish reversal, similar to the one that BONK experienced.

On the daily chart, BONK recently completed a falling wedge pattern, a classic bullish reversal setup. The breakout occurred when BONK surpassed the wedge and flipped its 50-day, 100-day, and 200-day moving averages, triggering a strong 70% rally. Prices rose from around $0.00001312 to nearly $0.00002240.

FLOKI is now exhibiting a similar setup. It has broken out of its own falling wedge and is consolidating just below its 100-day moving average near $0.000084. This level is a key resistance zone and mirrors the position BONK was in before its breakout. The similarity in patterns suggests that FLOKI could be poised for a comparable price movement.

If FLOKI can close above the 100-day moving average with strong volume confirmation, it would likely validate the fractal setup. This could pave the way for FLOKI to reach the 200-day moving average and the next horizontal resistance around $0.000117, representing a potential 50% increase from current levels. However, the success of this setup hinges on a clean breakout above the moving averages. Without this confirmation, there remains a risk of rejection or prolonged consolidation.