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$FOLKS (1h) - Breakout Pullback Long
Bias: Long
Entry (Zone): 1.48 - 1.50
Targets:
TP1: 1.54
TP2: 1.58
TP3: 1.65
Stop Loss: 1.44
Why this Setup:
I’m looking for continuation after the strong impulse above the prior range, and I want a pullback entry into the breakout zone. The trend still looks bullish, and as long as price holds above the recent breakout area, I expect momentum to extend higher.