$FOLKS recorded short liquidations near 6.09359, confirming strong bullish pressure. I’m expecting continuation after a healthy retracement rather than an immediate breakout. Entry is focused near the liquidation zone where buyers previously stepped in. Targets are placed at higher resistance levels based on recent momentum. Stop loss sits below the key support to protect against sudden reversals. This setup works because higher-priced assets react aggressively after liquidations, and when buyers maintain control, continuation moves can extend quickly with proper risk management.
FOLKSUSDT
Perp
4.966
-3.17%
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