FOLKS is showing a bullish structure with consolidation and a clear upward bias. On the 1H timeframe, the setup favors cautious longs — momentum is positive, but risk management is key.

Volume is expanding on bullish candles, with the latest green candle printing ~244K, confirming strength behind the breakout through key resistance levels.

Capital flow data supports the move on lower timeframes, with net inflows of ~67K on 1H and ~79K on 4H. However, the 24H shows notable outflows around -733K, suggesting the move may need a pullback before continuation — hence the cautious approach.

Long entries for $FOLKS:

Dip buy around 3.62–3.64 USDT, aligned with MA support

Momentum entry on a clean break above 3.685 with strong volume confirmation

Risk management:

Stop loss: 3.50 USDT (~4.9% downside)

Targets:

3.85–3.87 USDT

RSI is approaching strong levels, so position sizing matters even with the broader bullish confluence.

FOLKSUSDT | Perp

Is $FOLKS preparing for continuation — or setting up a fakeout?

#FOLKS #FOLKSUSDT #FolksFinance