$FOLKS can be AnoTher $RAVE 🤑
Don’t iGnore it🛑
LoNg #Floks 🚀🚀
The 4H chart shows price consolidating after a major rally to 1.443. While the trend is currently in a minor retracement, it is holding well above structural supports, suggesting a potential continuation move.
• Entry: 1.285 – 1.340
• Stop Loss: 1.220
• TP1: 1.440 (Recent High)
• TP2: 1.510
• TP3: 1.620
Why Long?
• MACD: The momentum is cooling as DIF and DEA begin to flatten, but they remain well above the zero line in bullish territory.
• SuperTrend: The 4H trend remains firmly bullish with a strong support floor established at 1.062.
• Price Action: After hitting the local peak, the asset is creating a consolidation range. Holding the $1.30 level is critical for the next leg up to fill the upper wick.
• Sentiment: The order book shows a slight buy-side advantage (51.15%), indicating steady accumulation during this dip.
Trade $FOLKS here👇🏻
