🐂 $FOLKS stuck in this consolidation but I'm sensing a bullish edge that's hanging in there. My trade thoughts: Cautiously bullish

Lately, volumes are dropping off during this sideways action (like 52.9K on the newest candle compared to 243K when it was rallying hard), which is pretty normal for a healthy breather. That big 580K spike on the 4H during the push from 3.739 to 3.879?

Capital Flows: We've got some hefty outflows over 24H (-1.96M USDT) and even more over 7D (-18.2M), probably folks locking in profits after the run-up. But check this: a small inflow in the last 2H (+57.7K) and basically flat 4H (-2.9K), so it feels like some accumulation might be brewing around these levels.

Entry longs $FOLKS :

- Best play: Dive in around 4.02-4.05 (that's where S1 support meets MA20 for a retest).

- Backup: If it breaks 4.15 on solid volume, jump on that momentum.

Stop-Loss: 3.92 USDT—about 4.8% below a 4.05 entry, tying into ATR (0.0945) and protecting that recent low.

Targets $FOLKS : 4.35-4.45 for 7-10% upside, lining up with resistance zone and that old rejection at 4.268.

FOLKSUSDT

Perp

4.116

+3.49%

#Folks #folksusdt #folksfinance