$FOLKS is having a strong day, up 25.89% and trading around $2.416. 🚀
But the next move matters more than the percentage gain. I’m watching $2.50 closely because that’s where buyers could face their next real test.
If momentum carries price through that level, the rally could have room to extend. If buyers start fading, some profit-taking wouldn’t surprise me either.
Personally, I wouldn’t chase after a move like this. Let the price action settle first.
But the next move matters more than the percentage gain. I’m watching $2.50 closely because that’s where buyers could face their next real test.
If momentum carries price through that level, the rally could have room to extend. If buyers start fading, some profit-taking wouldn’t surprise me either.
Personally, I wouldn’t chase after a move like this. Let the price action settle first.