🚀 $FOLKS : Time for a Long? 🚀
On the hourly chart FOLKSUSDT, there is a strong rise — the price has reached 6.027 USDT (+23.05% in the last 24 hours). Bulls are controlling the market, and the current momentum indicates the possibility of continued growth.
🚨Indicators:
EMA (21): 5.383 ✅ buy signal
EMA (50): 5.307
RSI (14): 69.51 ⚠️ in the overbought zone
MACD: rising, but approaching the neutral zone
💰Trading Plan:
Main scenario — long, considering the momentum and signals from EMA and MACD.
🎯Targets:
6.214 USDT — +3%
6.518 USDT — +8%
7.040 USDT — +16.8%
➡️Entry Points:
Conservatively: 6.027 USDT with confirmation of the candlestick pattern
Aggressively: 6.088 USDT on breakout of the 6.214 level
⛔️Stop-Loss:
Recommended 5.930 USDT to minimize risks
Conclusion: the market shows positive momentum, current indicators support long. Monitoring growth and managing risks!
Trading 👉$FOLKS
