$FOLKS is showing a clear stabilization after a strong selloff, and the chart now suggests a base is forming near the lower range. Price has defended the support area multiple times and is slowly pushing higher, which often signals the start of a recovery move. Buyers are stepping in with more confidence, and momentum is beginning to shift back to the upside.
Trade Setup (Long):
Entry Range: 5.00 – 5.15
Target 1: 5.60
Target 2: 6.20
Target 3: 6.80
Stop Loss: 4.80
This setup favors a gradual bullish continuation as long as price holds above support. Enter carefully, follow the plan, and manage risk properly.
FOLKSUSDT
Perp
5.349
+9.09%