Exyourbae

$FOLKS /USDT (Perp) – LONG Setup

Market Context
Price has completed a sharp sell-off from the highs and is now stabilizing after a strong rejection from the local low. We can see a clear liquidity sweep / fake breakdown followed by a reclaim, suggesting sellers are losing control and a relief move is possible.

📈 Long Entry

Entry Zone: 7.80 – 7.95
(Current price is already inside the preferred buy zone)

🎯 Targets

TP1: 8.60 – First resistance & short-term relief target

TP2: 9.10 – Mid-range resistance / previous breakdown area

TP3: 9.55 – 9.60 – Major resistance & prior supply zone

🛑 Stop Loss

SL: 7.50
Below the recent swing low and liquidity sweep (setup invalidation

🔑 Key Levels

Support: 7.50 – 7.70 (Strong demand & sweep low)

Current Pivot: 7.90

Resistance: 8.60 / 9.10 / 9.55

📌 Bias & Notes

Structure shows sell-off → sweep → consolidation, often leading to a bounce

Momentum confirmation above 8.00 strengthens the long case

Failure to hold 7.50 invalidates the setup

Risk Management:
Scale out at targets, move stop to breakeven after TP1.
Trade safely and avoid over-leverage.

Let me know if you want a short alternative, higher timeframe bias, or a post-ready caption for Telegram/X.