📉 **$FOLKS — Refined Trading Plan (Long Setup)**
📌 **Entry Zone:** $10.60 – $10.75
🛑 **Stop Loss:** $10.20
🎯 **Targets:**
• TP1: $11.20
• TP2: $12.00
📊 **Technical Overview:**
• **EMA(50)** at **$10.759** continues to act as a strong dynamic resistance, repeatedly rejecting upward attempts.
• **RSI (6)** sits at **42.86**, leaving plenty of room for a potential upside push before approaching overbought levels.
• **MACD**: Momentum is still weak below zero (**MACD: -0.172**), but a positive signal is forming as the **DIF (-0.116)** attempts to cross above the **DEA (0.057)** — early signs of bullish reversal pressure.
🧭 **Market Outlook:**
Holding above **$10.260** (24h low) is crucial. A breakdown below this zone may send price back toward the **$8.889** support region.
If buyers manage to break above **$11.243** (EMA 20), a continuation rally toward **$13.052** becomes likely.
#FOLKS #XNY #ZEC