The chart of $FOLKS in the 4-hour frame confirms that this coin is in a very strong upward phase with great support, having risen almost 29% on the day.
The trend is sustained and bullish; it is not a one-time spike, but a structured movement that has broken previous consolidation ranges with significant buying volume. The price is now in a critical zone, about to challenge the high of $16,974. This level will be the major battleground.
- In technical analysis, a level like $16,974 becomes the "decision point". If a trend as strong as that of FOLKS manages to break and stay above that high, it is a very powerful signal that the price is entering price discovery territory with no previous resistance. However, if it touches it and bounces back down, it confirms that profit-taking is strong and could initiate a multi-day correction.
Considering that we are on the verge of a possible breakout on the 4-hour chart, do you think FOLKS has the strength to surpass $17 and soar, or will it bounce to consolidate before continuing to rise?#FOLKSCrypto #Marialecripto #CPIWatch #USChinaDeal #FOMCWatch


