$FOLKS Price is holding above the short-term demand zone with strong impulsive buying pressure.
Momentum flipped bullish after reclaiming the 25 MA and buyers stepped in aggressively.
Higher low structure is forming with volume expansion on the breakout candle.
Structure suggests bullish continuation if price holds above the pullback support.
Trade Setup: Long
Entry Zone: 2.38 – 2.50
Target 1: 2.65
Target 2: 2.82
Target 3: 3.00
Target 4: 3.25
Stop Loss: 2.22
Manage risk with proper position sizing and partial profit taking at targets. Do your own research before taking any trade.
FOLKSUSDT
Perp
2.294
-2.96%