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【$FOLKS Signal】Long | 4H Bollinger Band Breakout
$FOLKS RSI surges to 74, the upper band of the 4H Bollinger Band is broken through by consecutive bullish candles, MACD histogram continues to expand. The 1H buy ratio is 0.51, funding rate is 0.06%, mildly bullish, bullish momentum remains. Short-term breakout confirmed, but the deep imbalance of -9.88% suggests hidden selling pressure at high levels, this position has a risk-reward ratio of 1.5, worth deploying but with strict control on pullback.
🎯Direction: long
⚡Entry/Order: 2.97305 - 2.98200
🛑Stop loss: 2.95218
🚀Target 1: 3.02673
🚀Target 2: 3.04910
🛡️Trade management: - Execute strategy: reduce 50% after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.
View real-time market 👇 $FOLKS
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