$FOLKS USDT PERP – Short Technical Update
Price has stabilized after a sharp -20% sell-off and is now trading near 5.07, forming a short-term base.
Trend (15m)
EMA 7: 5.03 (minor support)
EMA 25: 4.98 (key intraday support)
EMA 99: 5.10 (strong resistance)
Price is compressed between EMA 25 and EMA 99, indicating a range before expansion.
Key Levels
Support: 5.00 – 4.95, then 4.60
Resistance: 5.10 – 5.15, then 5.30
Outlook Holding above 5.00 keeps recovery valid. A clean break above 5.15 can open continuation toward 5.30+. Loss of 4.95 risks a retest of 4.60.
Not financial advice. Risk management required.

