$FOLKS Signal】1H momentum continues, Bollinger Band upper rail suppression awaiting breakout


$FOLKS 4H MACD histogram continuously hitting new highs, 1H Bollinger Band upper rail at 2.1537 currently being repeatedly tested by price. Buy depth ratio 0.89, sell-side pending orders slightly dominant but not forming effective suppression. Funding rate 0.005%, leveraged longs not yet overheated.
🎯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: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry level, exit automatically to protect principal.
1H RSI 71.37 still has room before overbought zone, 4H moving averages remain bullish aligned. Current risk-reward ratio 1.5, short-term longs need to monitor the digestion of selling pressure above 2.12.
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FOLKS10.72%
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