⚡ Executive Radar : FOLKS/USDT (15m)
A Bull Pennant consolidation is active on FOLKS/USDT at 72.6% maturity caught by ChartScout.
📊 Price Structure:
• Setup: Bull Pennant (Continuation)
• Impulse Rally: +2.0% (Flagpole)
• Upper Resistance: $1.831 USDT (3 Touches)
• Lower Support: $1.820 USDT (4 Touches)
• Current Price: $1.825 USDT
🎯 Technical Scenario:
Following an initial +2.0% move up to $1.840, price action is consolidating within converging trendlines. Watch for volume expansion on a 15m candle close above upper pennant resistance to confirm potential trend continuation.
⚠️ DYOR - Not Financial Advice.
#ChartScout #DYOR* #FOLKS #BinanceSquareTalks #CryptoTradingTips
A Bull Pennant consolidation is active on FOLKS/USDT at 72.6% maturity caught by ChartScout.
📊 Price Structure:
• Setup: Bull Pennant (Continuation)
• Impulse Rally: +2.0% (Flagpole)
• Upper Resistance: $1.831 USDT (3 Touches)
• Lower Support: $1.820 USDT (4 Touches)
• Current Price: $1.825 USDT
🎯 Technical Scenario:
Following an initial +2.0% move up to $1.840, price action is consolidating within converging trendlines. Watch for volume expansion on a 15m candle close above upper pennant resistance to confirm potential trend continuation.
⚠️ DYOR - Not Financial Advice.
#ChartScout #DYOR* #FOLKS #BinanceSquareTalks #CryptoTradingTips