$FOLKS – Watching a Short-Term Base

After the rejection from 7.53, selling stalled near 4.51 and failed to push lower — signaling seller exhaustion.

15m candles are compressing with shallow pullbacks, hinting at base formation.

Entry: 5.05 – 4.70

TPs: 5.45 → 5.95 → 6.60

SL: 4.45

As long as 4.50 holds, a move toward 5.45 is the first recovery step.

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