【$FOLKSUSDT】Watch the Order Book, Track Any Movements

$FOLKSUSDT Normal intraday volatility period, this candlestick is too fake. The 4-hour price is hugging the upper Bollinger Band, but MACD histogram is contracting above the zero line, with bullish momentum weakening. The 1-hour chart is more obvious—price hitting new highs but trading volume declining in steps, buy-side breakdown. Open interest is stable, funding rate positive but not high, looks more like existing capital maintaining momentum rather than new capital entering. Selling pressure is accumulating near current price of 1.13, risk-reward ratio is out of balance.

Direction: Flat
Entry/Pending Orders: Don't chase the high, wait for price to retrace to 1.06-1.09 zone, observe support strength before deciding.
Stop Loss: If entering, place defense below 1.06.
Target 1: 1.21
Target 2: 1.27
Trade Management: Before right-side confirmation signals appear, observe more and trade less.
Check Live Chart 👇 $FOLKS
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