【$FOLKS Signal】Long + 1H Breakout and Pullback Confirmation, Main Force's Intent to Support the Market is Obvious

$FOLKS The 1H timeframe has experienced a volume breakout and is currently in a healthy pullback confirmation stage. The price is consolidating around 1.538, and the 1H EMA20 (1.4566) has turned into a strong dynamic support. The 4H timeframe has formed three consecutive bullish candles, breaking through the previous consolidation platform, indicating a trend reversal to bullish. Market logic suggests the price will rise, combined with stable open interest, which looks more like main force entering rather than pure short-term selling pressure, paving the way for a subsequent rally.

🎯Direction: Long (Long)

⚡Entry/Order: 1.530 - 1.535 (gradually around current price)

🛑Stop Loss: 1.485

🚀Target 1: 1.620

🚀Target 2: 1.700

🛡️Trade Management:
- Position Size Recommendation: Standard Position
- Execution Strategy: When the price reaches 1.620, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price of 1.535. If the price fails to hold above the 1H EMA20 and drops below 1.520, consider exiting early.

Depth Logic: Market depth imbalance reaches 16.47%, with bid depth significantly thicker than ask, indicating strong support below. The 1H RSI (64.45) is in a healthy bullish zone, not overbought, leaving room for further upward movement. The 4H price has stabilized above all EMA lines, indicating a bullish structure. Funding rate is only 0.005%, with no excessive selling pressure, favorable for sustained bullishness.

View real-time market 👇 $FOLKS

---

Follow me: Get more real-time analysis and insights on the crypto market!