$FOLKS USDT — High-Volatility Reset After Explosive Move
FOLKS
Alpha
25.84
-10.64%
printed a massive impulse leg followed by a sharp correction, and price is now stabilizing around the 26 zone after defending the post-dump base. This structure suggests the move was a volatility reset rather than trend exhaustion. As long as price holds above the recent higher low, the market may attempt a continuation toward the mid-range resistance, while failure here would keep price consolidating before the next directional push.
Trade Setup:
Entry Zone: 25.5 – 26.3
Target 1: 32.0
Target 2: 41.0
Stop-Loss: 22.8