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$FOLKS Signal】Pullback to Long + 1H strong consolidation, preparing for a second surge
$FOLKS The 1H timeframe has experienced a massive rally and is now in a strong consolidation at high levels, building a platform between 1.43-1.46. A legendary 4H bullish candle confirms a trend reversal. The current price is above all EMA lines, indicating a clear bullish pattern. Open interest remains stable, funding rates are healthy, and there are no signs of major players offloading. This is a typical healthy consolidation after a rally.
🎯Direction: Long (Long)
🎯Entry/Order: 1.438 - 1.445 (Enter in b