$FOLKS : Long Setup # ๐
Plan trade: Long ๐ข
Entry Zone: 5.21 - 5.31
Take Profit:
๐ฏ TP1: 5.7
๐ฏ TP2: 5.85
๐ฏ TP3: 6.1
Stop Loss: 4.96
๐ฅ Technical Analysis:
On the H4 chart, $FOLKS is retesting a key support zone at $5.1 - $5.2 after a correction. Wick rejections at the $5.105 low indicate emerging buying interest. The 15m RSI has exited oversold territory with a bullish divergence, signaling an imminent technical bounce toward overhead EMA levels.
