FOLKSUSDT (Perp) – 1D Timeframe

Pattern Identified: Parabolic Breakout / Vertical Rally (Blow-Off Move)

Price has exploded from the base (~3.4) to ~40 with a near-vertical green candle, indicating aggressive momentum and FOMO buying.

What the chart says: Strong bullish impulse with massive volume

Price is far above moving averages → overextended

Such moves are usually followed by consolidation or a pullback

Trade Bias (Short Term):

Not ideal to buy at current levels (high risk of correction)

Sell / Book Profits if you’re already holding

Buy only on pullback near key support zones

Key Levels:

Resistance: 40 – 42

Support Zones: 30 – 28 / deeper support near 22 – 20

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FOLKSUSDT

Perp

25.95

+3.24%