$FOLKS Two short liquidations between 36 and 37 tell me sellers are under pressure. This is usually not random. Market sentiment is bullish short term as shorts unwind positions. Support now sits near 35.20 and structure remains intact above it. Resistance is clear at 37.80 then 40.00.
Targets
TG1 37.80
TG2 40.00
TG3 42.50
Pro tip
I stay with the trend as long as higher lows hold. Fighting strength after repeated liquidations is costly.
FOLKSUSDT
Perp
5.425
+10.10%
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