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FOLKS has been showing some activity these days. The 30-minute K-line suddenly saw a surge in trading volume, with a price increase of 43.2%. Such volume and price action often signals that a market move is about to start.
The current price is stuck at 4.165 USDT, with the key support level at 4.1 below, which is not far away (1.18% difference), making it a good position to accumulate. If you want to go long, placing an order around 4.1 and waiting for opportunities is still viable. You can also consider taking partial profits at the resistance level of 4.186.
The rapid increase in trading volume indicates growing market participation. The next move requires close attention, as such anomalies often suggest that a new round of market trend may be on the horizon.