🔥 $FOLKS bullish vibe going on, kinda consolidating but with a clear upward tilt. For trading on 1-hour timeframe, I'm leaning cautious long here – bullish setup, but keep that risk tight.
Volume's picking up nicely on those green candles, like that latest one hitting 244k, which really backs up the push past some key resistances.
On the capital flows, the shorter timeframes look solid – 1H at 67K and 4H at 79K in net inflows, fueling this move. But the 24H is showing outflows around -733k, so yeah, I'm staying cautious about it running too far without a breather.
Entries longs $FOLKS : I'd jump in on a dip back to 3.62-3.64 (right around those MA supports) or if it breaks 3.685 with some serious volume.
Stop at 3.50 USDT to cap the downside (about 4.9% from here)
Targets $FOLKS around 3.85-3.87 USDT but those strong RSI levels mean size your positions smart, even with everything else lining up bullishly.
Is FOLKS gearing up for more or just a fakeout?
#Folks #folksusdt #folksfinance