$FOLKS is holding above the 1.863 demand zone with RSI cooling into oversold territory, signaling a potential reversal setup.

Structure remains bearish short-term but price is compressing near key support.

E P: 1.947 – 1.950

T P: 2.121 / 2.266 / 2.489

SL: 1.829

Price tapped deep liquidity at 1.863 and is now reacting with consolidation. The 24h range shows clear supply above 2.489 and strong absorption near current levels. Market structure needs a reclaim of 2.121 to confirm bullish continuation.

Let's go and Trade now $FOLKS #SpaceXSharesOpen29PercentAboveIPOPrice

FOLKSBSC
FOLKSUSDT
1.785
-6.93%