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【$FOLKS Signal】Long direction + 1H breakout continuation / Low funding rate
$FOLKS 1H RSI 71.37, MACD bullish bars starting to narrow, but price still running near the upper Bollinger Band. 4H Bollinger Bands opening, MACD bars continuously expanding. Order book seller depth slightly thicker (Bid/Ask 0.89), but price refuses deep pullback, bears failed to form effective downward pressure. Funding rate at 0.005% is at a low level, risk of long crowding is low. Current risk-reward ratio 1.5, a regular intraday opportunity.
🎯Direction: Long
⚡Entry/Pending Order: 2.10068 - 2.10700
🛑Stop Loss: 2.08593
🚀Target 1: 2.13861
🚀Target 2: 2.15441
🛡️Trade Management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to breakeven. If price falls back to entry, exit automatically to protect principal.
View live market 👇 $FOLKS
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