PRO TIP: After a strong vertical move, don’t chase. Wait for consolidation above reclaimed resistance. Momentum stays valid only if higher lows remain intact.
$FOLKS / USDT
A short squeeze and liquidity sweep above 1.45 fueled expansion toward 1.63, confirming strong buyer absorption and a successful reclaim of mid-range resistance.
Momentum remains constructive as long as price holds the 1.42–1.45 support zone. Current consolidation structure favors continuation rather than distribution.
Trade Plan
Entry (EP): 1.46 – 1.50
Stop Loss (SL): 1.39
Take Profit Targets
TP1 / TG1: 1.62
TP2 / TG2: 1.72
TP3 / TG3: 1.88
Trade Decision
Favor continuation longs on controlled pullbacks while price holds above reclaimed support. Avoid chasing upper wicks.
If 1.42 support holds on retests, continuation toward higher liquidity zones remains the higher-probability scenario.
FOLKSUSDT
Löpande
1.199
-2.44%