🚨 TRADERS — PAY ATTENTION HERE 👀

$FOLKS is no longer bullish.

After that crazy run to $50, the coin is in a clear breakdown phase.

Price has already lost all major supports and momentum is still weak.

Right now, trend is bearish, so I’m not trying to catch a falling knife.

📉 $FOLKS SHORT SETUP (Best Right Now):

• Entry Zone: $8.20 – $8.60

(retest / weak bounce area)

• TP1: $6.80

• TP2: $5.90

• TP3: $4.80

• SL: $9.30 (strict)

🧠 Why I Choose SHORT:

• Massive dump from $50 → $7 = trend flip

• RSI cooled → no strong buying pressure yet

• MACD momentum fading = sellers still in control

• Key supports ($15, $10) already broken

• Huge derivatives volume = volatility + liquidation risk

• Any bounce right now looks like a dead-cat bounce

⚠️ Some wallets may accumulate, but price action is king.

Until structure flips bullish, short rallies, don’t long hope.

Trade safe. Small size. Let the market confirm 📉🔥