šØ $FOLKS /USDT ā PARABOLIC RALLY IN PROGRESS | LONG SETUP š„
Current Price: 17.516 | 24h Change: +21.28%
Timeframe: 15m | Setup: LONG
š What's Happening?
$FOLKS is absolutely exploding with a massive +25% rally today! Price has surged from 14.044 to 17.699 in a powerful parabolic move with exceptional volume. The 15m chart shows an almost vertical ascent with strong, consistent green candles, confirming aggressive buyer accumulation and momentum breakout.
š° TRADE SETUP
Entry: 17.300 - 17.600
Targets:
šÆ TP1: 18.200
šÆ TP2: 19.000
šÆ TP3: 20.000
Stop Loss: 16.800
š Why This Trade?
ā Explosive +25% rally from 14.044 - parabolic momentum confirmed
ā Breaking through multiple resistance levels with ease - buyers dominating
ā Order book showing 57.36% bid dominance - strong buying pressure
After consolidating between 14-15 for a period, FOLKS broke out with explosive force, printing a near-vertical rally on the 15m chart. The momentum is extremely strong with minimal pullbacks, showing aggressive accumulation. Volume is surging, and the structure suggests this could be the beginning of a major move higher.
ā ļø Risk Management
ā¢ Only risk 1-2% of your capital
ā¢ Take partial profits at each target
ā¢ Move SL to breakeven after TP1
ā¢ High volatility - expect sharp moves in both directions
ā¢ Consider trailing stop loss as price moves up
ā¢ Always do your own research
š¬ Can FOLKS push to $20 or will we see consolidation first?
What's your target? Drop it below! š
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