🛡️ DEMAND DEFENSE: $FOLKS REJECTS THE LOWS 🛡️
👇 CLICK ON $FOLKS TO CATCH THE BOUNCE
⚠️ SNIPER DIAGNOSIS:
The Floor Holds.
FOLKS tested the critical "Demand Zone" (Beige Box) and refused to break down. The price action shows aggressive buying wicks from the 3.730 area, confirming that the bears have hit a wall. We are entering the rotation back up to challenge the dynamic resistance. 🟢🧱
📈 SNIPER DATA ($FOLKS):
🟢 DIRECTION: LONG (Buy the Support).
🧱 ENTRY ZONE: 3.785 - 3.800 (Accumulate the reaction).
🎯 OFFICIAL TARGETS:
✅ TP1: 3.808 (Immediate Resistance / Pre-EMA).
✅ TP2: 3.860 (Structure Pivot / Breakout Level).
🚀 TARGET: 3.915 (Full Extension / Range Highs).
🛑 STOP LOSS:
SL: 3.648
THE SNIPER REPORT:
Wick Rejection: Look at the chart. The candles dipped deep into the beige zone but closed higher, leaving long tails. This is a classic sign of accumulation/defense.
EMA Magnet: The EMA 200 (dotted line at 3.824) is the immediate magnet. The price will naturally seek to reconnect with this average after the deviation.
👇 Playing the defense? Click on $FOLKS
