$FOLKS Perp — Short-Term Trade Setup
After a strong sell-off, FOLKS printed a sharp bounce from the lower zone, signaling short-term relief momentum on the 15m chart. This looks like a reaction move rather than a full trend reversal, so strict risk management is important. As long as price holds above the 5.00 psychological level, continuation toward higher levels remains possible.
Trade Setup (Long)
Entry Zone: 5.40 – 5.55
Take Profit 1: 5.90
Take Profit 2: 6.30
Take Profit 3: 6.80
Stop Loss: 4.95
#FOLKS #CryptoTrading #PerpTrading #TradeSetup #RiskManagement
FOLKS
Alpha
4.40221
-8.82%