Wait wait stop scrolling…….
$FOLKS is sitting near a strong demand zone after a heavy drop. Selling pressure looks tired here and price is trying to slow down near support.💪
Volume is starting to improve at the bottom which often happens before a bounce. If buyers step in properly this can turn into a decent recovery move.
Long idea…
Current zone looks good for a bounce
First target around 10.60
Next target near 14.20
If momentum builds strong then 17.90 is also possible.
