🚀 LONG $FOLKS

💰 Entry: 2.3790
🛡 Stop-loss: 2.2306 (−6.2%)
🎯 Take-profit: 2.5571 → 2.6462

📈 A 41% lower wick just rejected the dip at EMA20 — FOLKS buyers absorbed the flush and locked in the intraday low.
• EMA stack is cleanly bullish with an 8% spread, trend still doing the heavy lifting
• Pullback is shallow at just 1.1% off EMA20 — sellers never got traction
• That long lower wick spans 1.54x ATR with elevated volume — real defense, not drift
• Order book tilts bid with OBI at 0.36 and takers leaning 8% to the buy side
• 4H and 1D both aligned bullish, so the higher timeframes back the long

⭐ Score 73.9/100 ★★★★☆

Long bias while price holds above EMA20 on a candle close — keep the stop under the fresh swing low and scale in.

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