🚀 FOLKS/USDT — the impulse cooled off, but the trend is still alive!
After a powerful +24% surge, the price moved into a healthy correction and is now consolidating near the EMA21. EMA50 ≈1.924 and EMA99 ≈1.899 below — the bullish structure remains.
📊 Indicators:
MACD is cooling down, RSI(14)=50 — neutral, RSI(6)=39 — local weakness. StochRSI has sharply contracted after overbought conditions. Volumes are declining — the market is digesting the impulse.
🎯 Scenario: LONG
🔹 Entry: 1.930–1.965
1️⃣ 2.050
2️⃣ 2.130
3️⃣ 2.200
🛑 SL: 1.880
As long as FOLKS is above EMA50 — the priority is continued upside. A close below EMA50 will invalidate the scenario.
Trading 👉$FOLKS
After a powerful +24% surge, the price moved into a healthy correction and is now consolidating near the EMA21. EMA50 ≈1.924 and EMA99 ≈1.899 below — the bullish structure remains.
📊 Indicators:
MACD is cooling down, RSI(14)=50 — neutral, RSI(6)=39 — local weakness. StochRSI has sharply contracted after overbought conditions. Volumes are declining — the market is digesting the impulse.
🎯 Scenario: LONG
🔹 Entry: 1.930–1.965
1️⃣ 2.050
2️⃣ 2.130
3️⃣ 2.200
🛑 SL: 1.880
As long as FOLKS is above EMA50 — the priority is continued upside. A close below EMA50 will invalidate the scenario.
Trading 👉$FOLKS