đ $FOLKS
âą Trading Plan (Long):
âą Entry: $10.600 - $10.750
âą Stop Loss (SL): $10.200
âą Take Profit (TP): $11.200 and $12.000
âą Key Resistance/Support: The EMA(50) at $10.759 is acting as a strong dynamic ceiling, consistently rejecting price movements.
âą Indicators: RSI(6) is at 42.864, and has room to rise before hitting overbought, confirming a potential bounce if support holds. MACD is at -0.172, and is deep below zero but the DIF is attempting to cross above the DEA (DIF: -0.116, DEA: 0.057), validating momentum is slowing down.
âą Outlook: Failure to hold $10.260 (the 24h low) will likely push FOLKS down to retest the $8.889 low (previous support zone). A break above $11.243 (EMA(20)) targets the $13.052 region (local resistance)
$XNY $ZEC