$FOLKS is the token of Folks Finance, a DeFi protocol on the Cardano blockchain, focusing on lending, borrowing, and yield farming. Folks Finance has a growing TVL (over 100M USD), and the Cardano ecosystem is booming with recent upgrades.
Plan : Long
Entry : 16-16.5
Stop Loss : 15
Take Profit : 18 - 20
General recommendation: With strong upward momentum and high volume, FOLKSUSDT is suitable for short-term bullish trading. However, only trade with risk capital (no more than 1-2% of the account), use low leverage (5-10x) to avoid liquidation. Always monitor the funding rate and news about Cardano.
Strong upward momentum, price above key MAs, supporting volume. If the price breaks 18 USDT, a higher target could be 22 USDT. Conversely, if it hits SL, exit immediately and wait for a new signal.
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