$FOLKS is showing a strong recovery on the 1H chart, up 10.85% in the last 24 hours. After consolidating around $2.10–$2.18, buyers pushed the price toward $2.49, and it is now holding near $2.371.
The key level to watch is $2.49. A confirmed breakout above this resistance could open the door for another bullish move.
Entry Zone: $2.30–$2.37
Breakout Confirmation: Above $2.50
Targets:
TP1: $2.50
TP2: $2.65
TP3: $2.80
TP4: $3.00
Stop Loss: $2.25
If buyers maintain momentum and price breaks resistance with a strong 1H candle close, further upside may follow. A rejection near $2.49 could trigger another pullback, so avoid chasing the move.
Trade with discipline, manage risk carefully, and always DYOR.
The key level to watch is $2.49. A confirmed breakout above this resistance could open the door for another bullish move.
Entry Zone: $2.30–$2.37
Breakout Confirmation: Above $2.50
Targets:
TP1: $2.50
TP2: $2.65
TP3: $2.80
TP4: $3.00
Stop Loss: $2.25
If buyers maintain momentum and price breaks resistance with a strong 1H candle close, further upside may follow. A rejection near $2.49 could trigger another pullback, so avoid chasing the move.
Trade with discipline, manage risk carefully, and always DYOR.