📊 FOLKS/USDT Technical Overview 🧠
Market Cap: $356M
24h Volume: $154M (Huge interest!)
Price Action Analysis:
We saw a vertical pump from $14.30 to $31.45 (+86%). Currently, the price is flagging on the 1H chart.
The Bollinger Bands are wide open, indicating extreme volatility. The 15m chart shows support holding around $25.00.
🔮 My Bias: Bullish as long as we hold $25.
If $25 breaks -> We test $20.
If $31.5 breaks -> Sky is the limit.
Trade safe and manage your risk! Use trailing stop losses. 🛡️
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