The 15-minute chart for FOLKS/USDT shows a retracement phase after a strong bullish breakout:
đą Current Market Overview
Last Price: 4.820
24h Change: +18.72%
24h Range: 3.456 â 8.415
MA(7): 4.811 (acting as short-term support)
MA(25): 4.437
đ Technical View (15m)
The price rallied sharply from 4.128 â 5.179, then corrected down but is holding near MA(7) â a short-term bullish sign.
A small green candle has just formed above the MA(7) line, suggesting buyers may be defending support.
If the price holds above 4.80â4.81, we could see a retest of 5.00â5.18.
Break below 4.80 might trigger a deeper pullback toward 4.55â4.45 (MA25 zone).
âïž Quick Levels
Support: 4.80 â 4.55 â 4.43
Resistance: 5.00 â 5.18 â 5.23
đ Bias
Short-term trend remains bullish, but momentum is cooling.
Wait for confirmation â a strong close above 4.85 could restart the upward move, while a close below 4.78 could confirm a short-term correction.
Would you like me to give a scalp trade plan (entry/TP/SL) based on this chart?