🚨 $FOLKS is absolutely on fire right now! 🔥
$FOLKS Just smashed through to $29.026 (+73.69% in 24h) with insane volume: 78.68M FOLKS traded (~$2.31B USD value)!
Chart breakdown: Broke out of that long consolidation, parabolic move up to 24h high $46.998, now holding strong above MA(7) $31.455 and MA(25) $28.386. Golden cross in play, price well above key MAs – classic bull run setup!
Trading idea:
- Long entry on pullback to $28-29 support (former resistance flip).
- Targets: $35 (next fib), then $42-47 retest of high.
- Stop loss below $26.896 daily low.
- Leverage: 5-10x perp for swing, or spot for safer hold.
Pro tips:
1. Watch volume – if it sustains >2B USD, we're heading higher fast.
2. Take partial profits on the way up; this pump is volatile post-TGE momentum.
3. Pair with $BTC or #ALGO correlation for hedging.
DeFi gem with cross-chain lending power – don't sleep on this one! 💎
