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【$FOLKS Signal】Long + Volume Breakout
$FOLKS Strong breakout after a 26% volume increase, combined with rising open interest, indicates typical institutional entry driving the move, rather than purely short-squeeze. Price action shows sustained buying absorption; a healthy pullback is an opportunity.
🎯 Direction: Long
🎯 Entry: 2.55 - 2.60
🛑 Stop Loss: 2.40 ( Rigid Stop Loss )
🚀 Target 1: 2.85
🚀 Target 2: 3.10
$FOLKS Volume breakout of key resistance confirms bullish momentum as price and open interest rise together. The market shows limited selling pressure after breakout, with quick absorption of pullbacks, indicating a shift to a bullish market structure. As long as the price stays above the breakout zone, further upward movement is highly probable.
Trade here 👇 $FOLKS
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