$FOLKS continues to stand out as one of the stronger charts right now. After breaking above the 2.30 consolidation range, buyers stepped in with conviction and drove price to a fresh high at 2.90. The recent pullback looks like normal profit-taking after an impulsive move, not a shift in trend. As long as the breakout zone continues to hold, the overall structure remains firmly bullish.
Entry: 2.70–2.78
Target 1: 2.90
Target 2: 3.10
Target 3: 3.35
Stop-Loss: 2.58
I prefer buying strength after a healthy retest rather than chasing extended candles. If 2.70 holds as support, the current structure continues to favor another leg higher. 📈
Trade #Folks here
FOLKS
Alpha
2.2213
-13.10%