$FOLKS Long Trade Setup
Guys, I’m looking at FOLKS for a long position here.
The chart has formed a solid base around the $1.95-$2.00 area and buyers are stepping back in after a healthy correction. Price has already bounced strongly from the lows, showing that demand is returning and momentum is shifting back to the upside.
The recent recovery suggests the correction phase may be ending, and a continuation move higher is becoming more likely. As long as the key support zone holds, the bullish structure remains intact.
Trade Setup
Entry Range: $2.20 – $2.28
Target 1: $2.35
Target 2: $2.42
Final Target: $2.50
Stop Loss: $1.94
The trend is improving, momentum is building, and a move toward the higher resistance levels looks possible if buyers remain in control.
FOLKSUSDT
Trvl
2.426
+2.84%