📉 $FOLKS USDT – SHORT SETUP (4H / 1D)

🧠 Hook:

Parabolic spike → distribution → vertical breakdown

🔴 SHORT PLAN

📍 Entry:

4.90 – 5.30 🔻 (pullback / rejection zone)

🛑 Stop-Loss:

5.90 ❌ (above breakdown structure)

🎯 Targets:

TP1: 4.50 ✅

TP2: 3.80 🚀

TP3: 3.00 🔥

TP4: 2.20 💣 (major support / liquidity)

🧠 Notes:

• RSI ~9 → extreme oversold (bounce possible, trend still bearish)

• Structure still bearish

• Dead-cat bounces = sell opportunity

⚠️ Risk:

Low leverage | 1–2% risk | trail SL after TP1

FOLKSUSDT

Perp

4.58

-15.71%