The $FOLKS /USDT perpetual chart is flashing intense volatility as it battles a sharp corrective phase after an explosive run to a 24h high of 7.532. Following that massive peak, the price plummeted in a series of aggressive red candles, finding temporary support near the 4.780 level before bouncing back to its current mark of 5.881. With a staggering $612.90M in 24-hour volume, the market is a battlefield of high-stakes momentum; the price is currently hovering just above the Mark Price of 5.876, suggesting a tense consolidation where bulls are fighting to maintain the +4.42% gain while bears loom for a potential breakdown.
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