【
$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, mo