$FOLKS just wiped shorts at $5.06544, snapping back quick after a liquidity grab. Price bounced almost +4% intraday, showing clear demand stepping in on LTF. The last sweep suggests smart money accumulation and a reclaim of mid-range.
Key support: $4.92
Chart signaling: bullish MS reclaim + rising LTF volume.
Entry Zone: $4.96 – $5.08
Targets:
1️⃣ $5.22
2️⃣ $5.41
3️⃣ $5.65
Stop Loss: below $4.88
📌 Momentum note: A clean close above $5.28 unlocks a breakout path toward $5.60+, fueled by short unwind.
FOLKSUSDT
Perp
4.285
-13.83%
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