I’m repeating this again so no one misses it.
$FOLKS is now trading nearly 6x below its previous high, sitting at a deep discount zone. The heavy sell-off phase looks mature, downside momentum is slowing, and price is trying to base out near demand. This is typically where weak hands exit and stronger players start positioning.
There may be 1–3% more downside volatility, but structurally this zone favors recovery rather than continuation of panic selling. Once stability confirms, this kind of setup often delivers a sharp rebound.
I’m watching closely and preparing to accumulate from this area. This is a patience and recovery play, not a chase.
Trade Setup (Long):
Entry: 5.40 – 8.00
T1: 10.00
T2: 12.00
T3: 15.00
Stop-Loss: 6.60
Structure remains valid as long as the current base holds.
Manage risk properly and let the recovery structure play out.
