$FOLKS IS COMPRESSING AT A DEMAND ZONE WITH VOLUME DIVERGENCE ⚡
Entry: 2.45 - 2.49 🔥
Target: 2.60 - 2.75 - 2.90 🚀
Stop Loss: 2.35 ⚠️
Price is coiling within a tight range near the lower boundary of a monthly order block. The wick rejection at 2.35 suggests responsive buying, while volume has been declining on the selloffs — classic absorption behavior.
This structure often precedes a liquidity grab into the 2.35 low before a fast move into the 2.75-2.90 resistance zone. The R:R on the first target is roughly 1:2.5 from the entry midpoint. Do you see a deeper sweep or a direct breakout from here?
Not financial advice. Always manage your risk.
#FOLKS #LongSetup #Breakout #Altcoin #Crypto
⚡
Entry: 2.45 - 2.49 🔥
Target: 2.60 - 2.75 - 2.90 🚀
Stop Loss: 2.35 ⚠️
Price is coiling within a tight range near the lower boundary of a monthly order block. The wick rejection at 2.35 suggests responsive buying, while volume has been declining on the selloffs — classic absorption behavior.
This structure often precedes a liquidity grab into the 2.35 low before a fast move into the 2.75-2.90 resistance zone. The R:R on the first target is roughly 1:2.5 from the entry midpoint. Do you see a deeper sweep or a direct breakout from here?
Not financial advice. Always manage your risk.
#FOLKS #LongSetup #Breakout #Altcoin #Crypto
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