$FOLKS
l BULLISH BREAKOUT ANALYSIS
The chart shows strong upside momentum after a sharp recovery from recent lows, with price expanding aggressively and maintaining higher-low structure across intraday timeframes. Volume expansion confirms buyer dominance, and the market is holding firmly above mid-range support, indicating continuation rather than exhaustion.
TECHNICAL OUTLOOK (BULLISH)
Market structure: Uptrend intact with clear breakout continuation.
Volatility: Elevated, favoring momentum-driven moves.
Bias: Long while structure remains above key support.
LONG ENTRY PLAN
Entry: Break and hold above nearest intraday resistance
TP1: First liquidity pocket above recent high
TP2: Extension toward next swing resistance
TP3: Full breakout continuation zone
SL: Below nearest higher-low support (invalidate the bullish structure)
RISK MANAGEMENT Risk 1–2% per trade, use hard stop, avoid overleveraging, and adjust size according to volatility.
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