【$FOLKS Signal】1H pullback confirmation, sniper for secondary surge

$FOLKS The 1H timeframe has experienced a massive rally and is now undergoing a healthy pullback and consolidation. The current price is around 1.49, with the 1H EMA20 (1.388) having turned into a strong dynamic support. The 4H timeframe has broken through a long-term consolidation zone with increased volume, indicating a trend shift from bearish to bullish. Although the RSI on the 1H (68.66) is slightly high, the open interest remains stable, and the bid-ask depth ratio (bid_ask_ratio_depth: 1.04) shows strong support below. This is not a top signal but a continuation of the upward trend. The main force has completed a shakeout in the 1.38-1.44 range, and a new rally is about to begin.

🎯 Direction: Long (Long)

🎯 Entry/Orders: Enter in batches within the 1.475 - 1.485 range

🛑 Stop Loss: 1.378 (Decisively break below the previous rally's starting point)

🚀 Target 1: 1.596 (Previous high resistance)

🚀 Target 2: 1.680 (Extension target based on ATR measurement)

🛡️ Trading Management:

- Position size recommendation: Standard position

- Execution strategy: After reaching target 1 at 1.596, reduce position by 50%, and move the remaining stop loss up to the entry price of 1.485. If the price strongly breaks above 1.60, move the remaining stop loss up to 1.55 to capture greater profits.

Depth logic: The 4H candlestick broke out with a massive volume yesterday, a clear signal of main force entering. The subsequent volume contraction and pullback are typical shakeouts. Technically, the 1H EMA20 and EMA50 are in a bullish alignment, and the price remains above the 1H EMA20, indicating good short-term momentum. Market depth shows buy orders concentrated around 1.47-1.48, forming the first line of defense. Market logic suggests ‘price rising, consider position size based on open interest,’ and since OI is stable rather than decreasing, it rules out purely bearish sell-offs and suggests main force is accumulating strength. Considering positive funding rates, market sentiment is bullish but not overheated, making it suitable for trend-following sniper entries.

Check real-time quotes 👇 $FOLKS

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