$FOLKS — Bears Lose Grip at 5.73

FOLKS punished short sellers as price pushed higher, confirming strength above the recent base. The 5.60 area now acts as solid support, while a broader cushion lies near 5.30. Sellers are likely to defend the 6.00 level, making it the key resistance to watch. A convincing move above that zone sets up the next target around 6.50, where momentum traders may re-enter aggressively