Mark my words, friends, we are witnessing a classic bottoming formation. Pay close attention to the price action here. After a sharp shakeout, the price has found solid ground, confirmed by an explosive surge in buying volume on this recent bounce. This is not weak price action; this is heavy volume support stepping in precisely where it needs to. The momentum, as indicated by the deeply oversold RSI, is coiled and ready for a powerful reversal. This structure shows clear signs of accumulation after flushing out weak hands. This is the phase where smart traders win big.
For clear execution:
Entry: 87,200
Target 1: 88,500
Target 2: 89,500
Target 3: 90,500
SL: 86,800
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FOLKSUSDT
Perp
5.05
-1.05%
