$FOLKS Future Setup - Long/Buy (1H)

FOLKSBSC
FOLKSUSDT
1.234
+6.47%

Entry: 22.5 - 23.5

Stop Loss: 20.5

TP1: 25.5

TP2: 27.1

TP3: 30.1

🚀The current price of $24.13 is above the SMA(20) and has a strong bullish MACD trend, indicating a potential continuation of the uptrend. However, the RSI(14) is overbought at 91.81, suggesting a possible reversal.

📊The price is also above the upper Bollinger Band, which could indicate a potential pullback. The high volume trend and 68.105% 24h change further support the strong uptrend.

⚠

MEDIUM :RISK LEVEL

🎯

Target Probabilities

đŸ„‡ TP1 -80%

đŸ„ˆ TP2- 60%

đŸ„‰ TP3- 40%

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🙏

Always use Trailing SL

#FOLKS #FOLKSUpdate #FOLKSBreakout