🚀 $FOLKS | High-Probability Long Setup
$FOLKS is showing signs of renewed strength after completing a healthy correction. The $1.95–$2.00 zone has held as a solid demand area, and buyers are stepping back in with improving momentum.
The strong rebound from the lows suggests the correction may be over, while the overall market structure continues to favor the bulls as long as key support remains intact.
📊 Trade Setup
📍 Entry: $2.20 – $2.28
🎯 TP1: $2.35
🎯 TP2: $2.42
🎯 TP3: $2.50
🛑 Stop Loss: $1.94
A sustained move above the recent highs could accelerate bullish momentum and pave the way for the next leg up.
$FOLKS is showing signs of renewed strength after completing a healthy correction. The $1.95–$2.00 zone has held as a solid demand area, and buyers are stepping back in with improving momentum.
The strong rebound from the lows suggests the correction may be over, while the overall market structure continues to favor the bulls as long as key support remains intact.
📊 Trade Setup
📍 Entry: $2.20 – $2.28
🎯 TP1: $2.35
🎯 TP2: $2.42
🎯 TP3: $2.50
🛑 Stop Loss: $1.94
A sustained move above the recent highs could accelerate bullish momentum and pave the way for the next leg up.