FOLKS's long signal is gradually emerging. Currently, the price is stable at 3.715, rebounding more than 0.5% from the 24-hour low of 3.696. After stabilizing around 3.7, the downward trend has finally stopped. Although trading volume has decreased, it is clear that selling pressure is weakening, and short-term funds are starting to absorb.

On the technical side, there are also interesting signs—after the price broke below the previous consolidation range, it quickly retraced. On the 1-hour chart, it has stabilized at the 3.7 level, and the MA5 moving average has started to turn upward, indicating an initial rebound from oversold conditions. The support at 3.696 below has become quite strong, making it unlikely to break again.

The consolidation phase should be coming to an end soon. If you are confident in your investment, you might consider entering a long position at this point, with a stop loss below 3.6407 and a target up to 3.9008. Of course, if you don't agree with this judgment, it's okay to wait and observe for opportunities. If you have ideas, go ahead and open a position!