$FOLKS — range recovery attempt under major EMA resistance.

Scalp Long $FOLKS (range bounce play)

Entry: 1.34 – 1.37

SL: 1.30

TP1: 1.41

TP2: 1.46

TP3: 1.52

Structure:

• Price trying to reclaim EMA25 but still under EMA99 → trend neutral to weak bearish

• MACD flattening → momentum shift possible

• Strong support: 1.28 – 1.30 zone

Invalidation:

If 1.30 breaks → likely revisit 1.27 / 1.24 liquidity zone.

Bias: Short-term bounce → mid-term depends on 1.41 breakout.

#Folks #Binance #Alpha #CPIWatch

FOLKSBSC
FOLKSUSDT
1.417
+2.53%