$FOLKS IS FORMING HIGHER LOWS AT A KEY DEMAND ZONE 🔥
Entry: $2.40 - $2.45 🔥
Target: $2.60 - $3.25 🚀
Stop Loss: $2.18 ⚠️
The $2.40-2.45 zone has produced two consecutive higher lows on the daily chart, signaling aggressive absorption by buyers. Each retest has seen volume contraction, confirming selling pressure is drying up. The previous impulse from $2.18 to $2.60 shows the market’s willingness to reject lower prices.
With a risk-reward ratio exceeding 1:4 on the first target, this is a defined structural play. Are you positioning here or waiting for a sweep of the $2.18 stop loss first?
Not financial advice. Always manage your risk.
#FOLKS #LongSetup #DemandZone #Crypto
🔥
Entry: $2.40 - $2.45 🔥
Target: $2.60 - $3.25 🚀
Stop Loss: $2.18 ⚠️
The $2.40-2.45 zone has produced two consecutive higher lows on the daily chart, signaling aggressive absorption by buyers. Each retest has seen volume contraction, confirming selling pressure is drying up. The previous impulse from $2.18 to $2.60 shows the market’s willingness to reject lower prices.
With a risk-reward ratio exceeding 1:4 on the first target, this is a defined structural play. Are you positioning here or waiting for a sweep of the $2.18 stop loss first?
Not financial advice. Always manage your risk.
#FOLKS #LongSetup #DemandZone #Crypto
🔥