$FOLKS is trading almost 6x below its previous high, sitting in a strong discount zone. Selling pressure is slowing, price is forming a base near demand, and panic looks exhausted. This is where weak sellers exit and smart money starts building positions.

There may be 1–3% more downside, but overall structure favors recovery, not more dumping. Once price stabilizes, a sharp bounce is possible.

This is a patience and accumulation setup, not a FOMO trade.

Long Setup:

Entry: 5.40 – 8.00

Targets: 10.00 / 12.00 / 15.00

Stop-Loss: 6.60

Structure stays bullish as long as the base holds.

Manage risk and let the recovery play out.

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