$FLOKI /USDT
• Pattern Type: Gradual bearish reversal (Round Top)
• Formation:
• Price arcs upward in a parabolic curve over weeks/months
• Slowly rolls over, forming a broad, rounded top
• Volume Insight:
• Declines as price approaches the peak (waning buying interest)
• Often increases as price starts falling from the right side of the top
• Confirmation: Decisive breakdown below the key support level at the pattern’s base (neckline)
• Price Projection: Downward move often proportional to the maximum height of the top
Takeaway: Signals slow exhaustion of an uptrend and the potential start of a sustained bearish phase.
