๐จ SIGNAL: $FOLKS /USDT โ LONG SETUP ๐ข
๐ Trading Signal
๐น Pair: FOLKS/USDT Perpetual
๐น Timeframe: 1H
๐น Entry Zone: $2.38 โ $2.43
๐ฏ TP1: $2.48
๐ฏ TP2: $2.52
๐ฏ TP3: $2.60
๐ Stop Loss: $2.32
โ๏ธ Risk Management: Use a maximum of 1โ2% account risk.
๐ Market Analysis
$FOLKS is showing strong bullish momentum after a sharp breakout, with price currently around $2.438 and the 24-hour high near $2.520.
However, RSI(6) is around 79, indicating overbought conditions on the 1H chart. A short-term pullback is possible, so chasing the current green candle could be risky.
My strategy is to watch for a healthy retest of the $2.38โ$2.43 zone before considering a long position. A confirmed move above $2.52 could open the door toward $2.60, while rejection near resistance may trigger another correction.
โ ๏ธ Important: Wait for confirmation before entering. If price loses $2.32, the setup is invalidated.
Trade smart, protect your capital, and never let FOMO control your decisions.
$AGT
#FOLKS #CryptoSignals #Binance #cryptotrading #TechnicalAnalysis
๐ Trading Signal
๐น Pair: FOLKS/USDT Perpetual
๐น Timeframe: 1H
๐น Entry Zone: $2.38 โ $2.43
๐ฏ TP1: $2.48
๐ฏ TP2: $2.52
๐ฏ TP3: $2.60
๐ Stop Loss: $2.32
โ๏ธ Risk Management: Use a maximum of 1โ2% account risk.
๐ Market Analysis
$FOLKS is showing strong bullish momentum after a sharp breakout, with price currently around $2.438 and the 24-hour high near $2.520.
However, RSI(6) is around 79, indicating overbought conditions on the 1H chart. A short-term pullback is possible, so chasing the current green candle could be risky.
My strategy is to watch for a healthy retest of the $2.38โ$2.43 zone before considering a long position. A confirmed move above $2.52 could open the door toward $2.60, while rejection near resistance may trigger another correction.
โ ๏ธ Important: Wait for confirmation before entering. If price loses $2.32, the setup is invalidated.
Trade smart, protect your capital, and never let FOMO control your decisions.
$AGT
#FOLKS #CryptoSignals #Binance #cryptotrading #TechnicalAnalysis