📈FOLKS has successfully reclaimed its previous trading range after a sharp liquidity shakeout, signaling a shift in short-term market sentiment. The reclaim above this key structure level indicates that buyers are stepping back in with conviction — often a precursor to continuation moves in trending markets.
After consolidating below resistance for several sessions, price action has now pushed back into the value zone, turning prior supply into fresh intraday demand. This type of reclaim typically traps late shorts and provides fuel for upside expansion as momentum builds.
With bullish structure holding on lower timeframes and volume gradually increasing, is positioning itself for a potential continuation toward higher resistance zones if demand remains sustained.
🟢 Trading Plan — LONG: $FOLKS
Entry Zone: 1.34 – 1.36
Stop-Loss: 1.31
Take Profit Targets:
• TP1: 1.64
• TP2: 1.88
• TP3: 2.10
As we move closer to Ramadan, markets often show phases of reduced volatility followed by sudden impulsive moves during key sessions — making structured setups like this even more important for disciplined execution.
Manage risk wisely and let the setup play out. 📊
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