$FOLKS USDT$ is showing strong short-term volatility on the 5-minute chart, with a sharp bullish impulse after a period of consolidation. Price recently swept liquidity below the 1.31 zone and quickly reversed with high volume, indicating buyer strength stepping in. The latest move suggests a potential continuation if momentum sustains above nearby resistance levels.

The structure is shifting bullish with higher lows forming, while volume spikes confirm interest on upward moves. However, minor pullbacks are expected before continuation.

Trade Setup:

Entry: 1.335 – 1.340

Stop Loss: 1.310

Take Profit: 1.360 / 1.380

Manage risk properly and watch for rejection near resistance.

FOLKSUSDT

Perp

1.402

-3.90%