$FOLKS USDT – Futures LONG Setup

Current Price: ~5.96

LONG Entry

Entry Zone: 5.60 – 5.90

(wait for pullback / consolidation)

Stop Loss

SL: 5.20

(break below this level invalidates the long)

take Profit Targets

TP1: 6.50

TP2: 7.20

TP3: 8.40

Trade Logic

Strong dump followed by base formation

Buyers are defending the lower support

A strong close above 6.20–6.30 confirms bullish momentum

Possible relief rally / short squeeze

⚠️ Risk Management

Use 5–10x leverage only

Move SL to entry after TP1

If price closes below 5.20 (15m), exit immediately