📈 FOLKSUSDT Perp – Bullish Consolidation Near Highs
Current Price: 16.880
24h Change: +18.75% 🚀
24h High: 16.974
24h Low: 13.422
Trend: Strongly bullish, consolidating near the 24h high after a powerful breakout. Price holds firmly above all key moving averages.
🎯 Trade Idea: LONG on Pullback to Support
Entry Zone: 16.200 – 16.500
(Retest of MA(7) dynamic support & previous breakout zone)
Take Profit Targets:
✅ TP1: 16.970 (Test 24h High)
✅ TP2: 17.500 (Next Psychological Resistance)
Stop Loss: 15.800
(Below MA(25) and strong support confluence)
📊 Key Indicators:
· MA(7): 16.042 (Immediate dynamic support)
· MA(25): 15.209 (Major trend support)
· MA(99): 12.602 (Long-term foundation)
· 24h Volume: 236.67M USDT confirms strong participation
⚠️ Risk Warning:
This is a Perpetual Futures contract with significant leverage risk. The asset has surged nearly 19% in 24h. Use strict stop losses, manage position size carefully, and never risk more than you can afford to lose. This is not financial advice.
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