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【$FOLKS Signal】Long: 4H breakout above upper band + high funding rate
$FOLKS Funding rate at 0.0864%, approaching extreme value, 4H MACD histogram continues to expand bullish momentum. 1H RSI 73.42, buying pressure slightly wanes but remains high, order book sell depth -16.75% with limited resistance. Price repeatedly tests above 2.8, dense buy orders around 2.79 below, selling pressure quickly absorbed. This rally has a tight pace, no signs of exhaustion structure for now.
🎯Direction: Long
⚡Entry/Order: 2.81254 - 2.82100
🛑Stop loss: 2.79279
🚀Target 1: 2.86332
🚀Target 2: 2.88447
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, move stop loss to break-even. If price falls back to entry level, automatically exit to protect principal.
Monitor whether 1H RSI can stay above 70 without turning back; if it quickly drops below 2.79, stop participating.
View real-time market 👇 $FOLKS
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