🚀 STRUCTURE SHIFT: $FOLKS RECLAIMS THE EMA 🚀
👇 CLICK ON $FOLKS TO CATCH THE REVERSAL
⚠️ SNIPER DIAGNOSIS:
Bulls are Back.
FOLKS has staged a massive recovery. The price rejected the lows in the demand zone and launched vertically to break the trend. Crucially, the price is now trading above the EMA 200 (dotted line at 3.513). We are seeing a "Bullish Retest" of this level, confirming that momentum has flipped. We buy the stabilization. 🟢🦅
📈 SNIPER DATA ($FOLKS):
🟢 DIRECTION: LONG (Buy the Retest).
🧱 ENTRY ZONE: 3.535 - 3.550 (Accumulate above the EMA).
🎯 OFFICIAL TARGETS:
✅ TP1: 3.562 (Local Resistance / Consolidation Top).
✅ TP2: 3.630 (Recent Spike High / Impulse Top).
🚀 TARGET: 3.730 (Range Highs / Full Recovery).
🛑 STOP LOSS:
SL: 3.360
THE SNIPER REPORT:
EMA Flip: Look at the chart. The dotted line (3.513) was resistance; now the candles are sitting on top of it. This is a classic trend reversal signal.
Demand Validation: The beige box at the bottom acted as a springboard. The long lower wicks show that sellers were trapped at the lows.
👇 Playing the reversal? Click on $FOLKS
