#FOLKSUSDT — Trade Setup Update
FOLKS has shown a strong impulsive move from the $3.45 zone
and recently hit a new high around $14.86.
After the big breakout, price is currently consolidating on lower timeframes — a normal cool-off after a strong rally.
Here’s my current trade plan:
Bullish Scenario (Long Setup)
I am watching the $12.80 – $13.20 zone.
This area acted as support on lower timeframes and could offer a clean retest entry.
Long entry zone: $12.8 – $13.2
Targets:
TP1: $14.20
TP2: $14.80 (previous high)
TP3: $16.00
Invalidation / SL: Below $12.50
Bearish Scenario (If breakdown happens)
If price loses $12.50, I’ll wait for a deeper liquidity sweep.
Next strong support zone: $11.50 – $11.80
Possible short scalp only if market momentum flips bearish.
What I’m Observing
Volume has cooled off after the pump — healthy for consolidation.
Price is forming higher lows on 15m, indicating buyers are still interested.
A breakout above $14.20 with volume can reopen long continuation setups.
Not financial advice — just sharing my personal setup.
Always manage risk and use stop loss.