FOLKS/USDT - Trading Setup
Price is holding strong above key moving averages, with MA(7) at 5.515 and MA(25) at 5.006 acting as dynamic support. The 24-hour high of 6.117 is the immediate resistance to watch.
Entry Zone: 5.85 - 5.98
Stop Loss: 5.45 (below MA25 and recent consolidation)
Take Profit Targets:
TP1: 6.12 (24h high)
TP2: 6.35 (extension above recent range)
TP3: 6.60 (momentum swing)
Volume remains elevated, supporting upward momentum. A break above 6.117 with sustained volume could accelerate gains. Manage risk carefully and consider partial profits at each TP level.
Trade with discipline. This is not financial advice.
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FOLKSUSDT
Perp
7.267
+75.19%
