$FOLKS is showing a healthy consolidation pattern after its explosive rally to the $10.940 high. The price has found strong support around the $6.533 level and is now building momentum at $7.833.
This stabilization after the pump from the $5.630 low is a bullish sign, indicating buyers are preparing for the next push.
Long on a decisive break above the immediate high.
🔹T1: $8.869 (Next structural resistance).
🔹SL: Close below the support at $7.400 (Recent low pivot).
