$FOLKS Signal】Pullback to buy, capital support after breaking above the 4H Bollinger upper band


$FOLKS 1H level surge and fall back, price consolidating around 1.157. The 4H Bollinger upper band at 1.1540 has been broken through by the candle body, EMA20 and EMA50 form a dense support zone around 1.0. The MACD histogram on the 1H chart is contracting, but the fast and slow lines remain above zero, indicating the bullish momentum has not fully exhausted. Market depth shows an imbalance in buy orders at -13.63%, with active selling pressure slightly dominant, but the pending orders below clearly indicate buying intent.

If the price pulls back below 1.151, consider adding to long positions in stages; this is the confirmation zone for the previous breakout.

⚡Entry/Order: 1.151

🛑Stop loss: 0.962

🚀Target 1: 1.158

🚀Target 2: 1.162

🛡️Trade management: - Execution strategy: After the price reaches 1.158, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 1.151 and drops quickly, no need to wait for the stop loss to trigger; manually exit and observe.

Currently, the 4H MACD shows a bullish expansion, aligned with the price rally, and the trend framework remains intact. The volume contraction on the 1H chart, combined with a low buy-sell ratio, suggests profit-taking rather than a major exit by the main players. Funding rates remain low, with no signs of frantic shorting, providing room for a healthy pullback and continuation of the rally. The risk-reward ratio at this position requires precise entry points to offset the stop loss width; patience is more important than being aggressive.

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