🔍 $FOLKS Technical & BTC Dominance View
Price: $5.07
RSI (1H): 39
24H Volume: $350M+
After a massive drawdown (46 → 5), $FOLKS is now in a high-volume base zone. Selling pressure is weakening, and price is entering relief-bounce territory.
BTC Dominance is the key driver here.
If BTC.D stalls or rejects, high-beta alts like $FOLKS can bounce sharply.
Long Scalp Plan:
🟢 Entry: 4.80 – 5.00
🔴 SL: 4.45
🎯 Targets: 5.60 → 6.20 → 7.00
Trade only with BTC.D confirmation.
Late shorts after heavy drawdowns are high risk.
