$FOLKS Signal】Long position, breakout above the upper band on the 4H chart, buy-side depth support


$FOLKS Buy-side depth ratio 1.61, orders densely clustered around 2.88, capital actively supporting the floor with clear intent. The 4H Bollinger Bands are opening, price directly hitting the upper band at 2.89, but not effectively breaking above. The 1H MACD is tightly bound at high levels, sideways movement replacing a pullback, indicating bullish resilience has not weakened. Current risk-reward ratio is about 1.5, stop loss at 1%, worth small position for breakout speculation.
🎯Direction: Long
⚡Entry/Order: 2.88033 - 2.88900
🛑Stop loss: 2.86011
🚀Target 1: 2.93234
🚀Target 2: 2.95400
🛡️Trade management: Reduce 50% of position upon reaching Target 1, move stop loss to breakeven. If price falls back to entry level, automatically exit to protect capital.
Depth logic: OI remains stable, no significant position withdrawal observed; funding rate 0.0415% within normal range, no overheating signals. 1H RSI near 70, but buy-side depth maintained at 1.61, selling pressure quickly absorbed, short-term volatility slightly bullish.
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