The currency $FOLKS shows strong momentum today, having bounced back by 16% from its recent lows at $2.04. The price is currently testing significant resistance at $2.62. With the xChain V2 update approaching in the first half of 2026, we are noticing an increase in accumulation.

FOLKSBSC
FOLKSUSDT
2.309
-0.56%

Technical levels:

Support: $2.28 | $2.04

Resistance: $2.62 | $3.10 (Target)

Indicators: The RSI indicator is at 43, indicating significant room for upward movement. The MACD indicator suggests a potential positive crossover on the 4-hour timeframe.

Trading Plan (Buy):

Entry: $2.40 - $2.45

Targets: $2.75 | $3.05 | $3.50

Stop Loss: $2.25

Question: Are you buying with this bounce, or waiting for a retest of the $2.00 levels? 👇