🦅 REVERSAL ALERT: $FOLKS AT THE ACCUMULATION GATE 📈
👇 CLICK ON $FOLKS TO JOIN THE BOUNCE
⚠️ SNIPER DIAGNOSIS:
Floor Found.
FOLKS has completed its corrective cycle and is now entering a high-probability reversal zone.
Demand Zone Support: The price has landed perfectly in the blue Demand Zone (2.415 - 2.425). This area has historically been defended by institutional buyers, and we are seeing the first green candles printing after the flush.
Mean Reversion: The price is currently at 2.423, trading significantly below the EMA 200 (dashed line at 2.404 on the 15m chart, but trending higher on longer timeframes). This gap acts as a magnet for a price recovery.
📈 SNIPER DATA ($FOLKS):
🟢 DIRECTION: LONG (Buy the Dip).
🧱 ENTRY ZONE: 2.420 - 2.430 (Enter at current market price).
🎯 OFFICIAL TARGETS:
✅ TP1: 2.4390 (Immediate Resistance / Gap Fill).
✅ TP2: 2.467 (Structural Breakout Point).
🚀 TARGET: 2.505 (Major Supply Top / The North Pole).
🛑 STOP LOSS:
SL: 2.325
THE SNIPER REPORT:
Volume Check: We are starting to see buying pressure (green bars) increasing at the bottom of the range. This indicates that "Smart Money" is absorbing the sell orders from late shorters.
The Play: We are catching the turn. Once TP1 (2.440) is breached, the move toward the main target at 2.505 should be extremely fast as shorters are forced to cover their positions.
👇 Buying the floor? Click on $FOLKS
