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$FOLKS | 1H | Bullish Breakout Retest
Bias: Long
Entry Zone: 2.47 to 2.52
Stop Loss: 2.35
Targets:
TP1: 2.60
TP2: 2.72
TP3: 2.88
Invalidation:
Close below 2.35
Why This Setup:
I’m looking for a reclaim and hold above the 2.45-2.50 area after the pullback from the recent spike. The chart is still making higher lows intraday, and a clean retest of the breakout zone gives a favorable risk-reward toward the prior highs.