【$FOLKSUSDT】Don't rush to catch the bottom/chase the high, check this first
$FOLKS European market opening rush period, price surged to 1.105 but buy-side depth shows obvious gaps, sell-side orders start accumulating from 1.111. Serious volume-price divergence on the 4-hour level, exit quickly, price at new highs but trading volume declining step-by-step, insufficient capital pushing motivation. MACD hourly death cross dispersing downward, bullish momentum exhausted. Around 1.05 is the double support of EMA20 and previous dense trading zone, if broken, trend weakens. Current price near 1.105 light position short trial, stop loss above 1.128. First target looking at 1.05 support test, if broken look at 1.0 round number level. Risk-reward ratio acceptable, but European time session liquidity usually magnifies volatility, beware of false breakouts. Check real-time market 👇 $FOLKS --- Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL #Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡
【$FOLKSUSDT】Don't rush to catch the bottom/chase the high, check this first
$FOLKS European market opening rush period, price surged to 1.105 but buy-side depth shows obvious gaps, sell-side orders start accumulating from 1.111. Serious volume-price divergence on the 4-hour level, exit quickly, price at new highs but trading volume declining step-by-step, insufficient capital pushing motivation. MACD hourly death cross dispersing downward, bullish momentum exhausted. Around 1.05 is the double support of EMA20 and previous dense trading zone, if broken, trend weakens.
Current price near 1.105 light position short trial, stop loss above 1.128. First target looking at 1.05 support test, if broken look at 1.0 round number level. Risk-reward ratio acceptable, but European time session liquidity usually magnifies volatility, beware of false breakouts.
Check real-time market 👇 $FOLKS
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Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡