$FOLKS Signal】Waiting for a callback to go long, 4H bullish trend remains unchanged


$FOLKS 1H clear gap in buying orders, deep sell orders on one side with thick order book (-23.93% imbalance), RSI at 62.62 pulling back from high levels. 4H MACD bars continue to shrink but remain above zero, trend structure intact. Current price 1.611 faces short-term resistance, high risk in chasing higher.
🎯Do not chase the current price, place a buy order at 1.603 (upper limit of entry zone). 🛑Stop loss at 1.326, 🚀First target at 1.655, second target at 1.765.
🛡️Execution: Reduce 50% at 1.655, move stop loss to breakeven at 1.603; exit if price falls below 1.603.
Depth logic: 4H Bollinger middle band at 1.3937 provides strong support, EMA20/50 are in a bullish alignment. 1H MACD has not formed a death cross, funding rate at 0.0557% remains neutral. After short-term selling pressure is absorbed, buying rebound probability is high. Risk-reward ratio of 0.19 is conservative, but stop loss is very deep, offering high tolerance. View real-time market 👇 $FOLKS
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