🚨 FOLKS/USDT — Comeback or Bull Trap? 🚨

Currently trading at 1.38 📊 (+11%)

After a long bleed… finally some life 👀

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🔥 What just happened?

✔️ Strong bounce from 0.83 bottom
✔️ Sharp impulsive move 📈
✔️ Short-term trend turning bullish

👉 Early signs of reversal attempt

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⚠️ But don’t get fooled:

❌ Still far below previous highs (16+)
❌ Weak higher timeframe structure
❌ Possible lower high formation

👉 This can easily turn into a bull trap

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💡 Smart play:

👉 Wait for pullback near 1.10 – 1.20
👉 Break & hold above 1.45 = real strength
👉 Otherwise expect rejection

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🔥 Reality:

First pump after a dump = excitement
Second move = confirmation

Don’t rush the first one.

#Crypto #Altcoins #FOLKSUSDT #trading #Marketstructure