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$FOLKS (FOLKS) – Bullish Recovery, Watching Resistance
I'm watching FOLKS closely because it is up +7.23% at $2.003, showing a strong recovery from a huge liquidation wick to $1.647. The EMAs are turning bullish with EMA5 at $2.003, EMA10 at $2.004, and EMA30 at $1.999. The 24h high is $2.133, and MACD is in positive territory. I am staying out for now, but this is a strong watch. I will look to enter on a confirmed break and hold above the $2.089 resistance level.
I'm watching FOLKS closely because it is up +7.23% at $2.003, showing a strong recovery from a huge liquidation wick to $1.647. The EMAs are turning bullish with EMA5 at $2.003, EMA10 at $2.004, and EMA30 at $1.999. The 24h high is $2.133, and MACD is in positive territory. I am staying out for now, but this is a strong watch. I will look to enter on a confirmed break and hold above the $2.089 resistance level.