$FOLKS Trading Signal 🚨
Direction: LONG (Spot or Low Leverage)
Current Price: ~$1.55
Entry Zone: $1.45 – $1.55
Target 1 (Short-term): $1.85 (20% Gain)
Target 2 (Mid-term): $2.10 (35% Gain)
Stop Loss: $1.35 (Exit if support fails)
Quick Analysis
The Logic: $FOLKS recently hit an all-time low near $1.42 and is currently showing signs of a "technical rebound" from extreme oversold conditions (RSI was below 20).
Risk: The token has been in a heavy downtrend (down ~60% in 30 days), so keeping a tight Stop Loss at $1.35 is critical to avoid further "capitulation" or panic selling.
Strategy: Buy the current dip and sell half at Target 1 to secure profits.
FOLKSUSDT
Διην.
1.419
+10.77%