$FOLKS triggered a short liquidation event on Binance, forcing bearish traders to cover positions as price pushed higher and bullish momentum strengthened.
The liquidation-driven buying pressure has reinforced buyer control and suggests the market may be preparing for further upside expansion.
EP
2.00 - 2.05
TP
TP1 2.12
TP2 2.22
TP3 2.38
SL
1.94
Liquidity was taken above recent highs, clearing short positions and injecting additional buy-side pressure into the market.
The recent squeeze confirms strong demand around current levels, while the removal of bearish leverage creates favorable conditions for trend continuation.
As long as price remains above the reclaimed support zone, the bullish structure stays intact and favors continuation toward higher resistance levels.
A decisive break above 2.12 could attract fresh momentum traders and trigger a move toward the next liquidity targets.
The short squeeze has shifted sentiment firmly toward the bulls, making $FOLKS a setup worth watching closely.
Let’s go $FOLKS
