$FOLKS / USDT — BULLISH BREAKOUT SETUP 🚀🔥
📊 MARKET STRUCTURE
$FOLKS has completed a strong expansion move from the demand zone around 11.60–12.00, and is now consolidating above former resistance — a key confirmation of bullish continuation.
Price action now shows:
• Higher highs + higher lows across intraday timeframes 📈
• Volume expansion during the rally → real buyer participation, not a squeeze
• Previous supply → flipped into support 💪
Current Price: 15.32
Change: +24.59%
FOLKSUSDT (Perp)
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📥 TRADE PLAN (LONG)
🟢 Entry Zone: 14.70 – 15.10 (buy pullbacks into support)
🎯 Targets:
• TP1: 15.85
• TP2: 17.20
• TP3: 19.00
🛑 Stop Loss: 13.95
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📌 TECHNICAL OUTLOOK
• Price has flipped the previous supply zone into support
• Holding above key moving averages, increasing continuation probability
• A clean retest of 14.70–15.10 is likely to attract new buyers
• Breakout path opens to 17.20 and later 19.00 (upper liquidity pools)
Invalidation:
A breakdown below 13.95 signals loss of structure and invalidates the bullish setup.
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⚠️ RISK MANAGEMENT
• Risk 1–2% max per trade
• Use low–medium leverage
• Scale out profits at targets
• Move SL → breakeven after TP1 hits
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$FOLKS is displaying clear strength, real momentum, and a textbook continuation structure.
#FOLKS #CryptoTrading #Altcoins #PerpetualFutures #TechnicalAnalysis 🚀📈