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Gate Square New & Returning Creator Rewards are ongoing!
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$FOLKS / USDT (Perp) — buyers are stepping back in after a clean base 👀
Price Action:
Price is trading around $5.78, up +14.64% today
Intraday High: $6.15
Intraday Low: $4.80
What’s Driving It:
Strong rebound from the $4.8 demand zone with rising volume. The structure is shifting from consolidation to higher highs on the 1H chart, showing fresh buyer interest after the pullback.
Key Levels:
Support: $5.20 – $4.80
Resistance: $6.15 – $7.00
Trade Idea:
If price holds above $5.20, I look for continuation toward $6.15 → $7.00.
If price loses $5.20, I wait for a pullback toward $4.80 support before any new setup.
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