๐ฅ This move doesnโt look finished yetโฆ
Buyers defended the level perfectly and momentum is clearly building.
$FOLKS is printing a classic bullish continuation structure.
๐ Trading Setup โ $FOLKS
Timeframe: 1H
Market Bias: Bullish
Entry Zone:
โก๏ธ 5.55 โ 5.62 (current structure support / continuation zone)
Stop Loss:
๐ป Below 5.42 (loss of higher-low structure)
Take Profit Targets:
๐ฏ TP1: 5.85
๐ฏ TP2: 6.15
๐ฏ TP3: 6.60
๐ง Reasoning
Clear higher lows and strong bullish follow-up candle (marked on chart)
Price holding above key moving average โ trend support intact
Previous resistance flipped into support, suggesting continuation
Momentum favors buyers unless structure breaks
This is a trend-following idea, not a chase.
โ ๏ธ Risk Disclaimer
This is not financial advice (NFA). Crypto trading involves risk. Always use proper risk management, set stop losses, and DYOR before entering any position.
๐ Let the chart confirm โ continuation setups reward patience, not emotions. #Write2Earn
