$FOLKS — Rebound Setup After a Sharp 1H Flush!
Long $FOLKS
• Entry: 1.105 – 1.125
• Stop Loss: 1.082
Targets:
• TP1: 1.145
• TP2: 1.175
• TP3: 1.215
FOLKS has taken a strong selloff from the 1.25 zone and is now trying to base near the 1.10 support area. Price is showing early signs of stabilization, but bulls still need a clean reclaim above 1.12 to confirm momentum.
A successful bounce from this zone could trigger a recovery toward 1.145, then 1.175, and possibly 1.215 if volume expands.
If 1.10 breaks decisively, the setup weakens and lower support may be tested.
Bias: Short-term bullish recovery, but confirmation is key.
Idea: Buy the dip only after strength returns.
Trade $FOLKS here
FOLKSUSDT
Perp
1.056
-10.58%