【$FOLKS Signal】Long: Abnormal cluster of funding rate + 1H pullback to go long

$FOLKS 1-hour RSI 77.2, clear gap in buying volume. 4-hour MACD is still expanding, but 1-hour histogram is shrinking, volume is increasing but buy volume ratio has dropped to 0.47. Funding rate at 0.1038% is abnormally high, indicating longs have very high entry costs, but price remains firm, meaning shorts are being continuously squeezed. Orders are densely clustered around 2.75, fully exposing the market’s support intent. Current risk-reward ratio is 1.5, suitable for position control.

🎯Direction: Long

⚡Entry/Order: 2.74773 - 2.75600

🛑Stop loss: 2.72844

🚀Target 1: 2.79734

🚀Target 2: 2.81801

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect principal.

Depth logic: This is not simply chasing highs—funding rate above 0.1% usually indicates market overheating, but open interest remains stable, and after a quick pullback to the 1H EMA20 (around 2.40), the price recovers quickly, showing the bulls’ foundation is intact. Retail short positions are continuously losing money under high funding rates. Once the price breaks above the previous high of 2.878, it will trigger a large-scale short squeeze, accelerating the short covering.

View real-time market 👇 $FOLKS
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