$FOLKS
Is it possible to hit $16 considering the massive sell walls at $16? Honestly? Reaching $16 for FOLKS right now is unrealistic in the near term โ
Why?
The current price is around $1.2 โ $1.6
You've got nearby resistance levels (1.6 then 2$โฆ)
You need to climb more than 10ร โ this requires:
Massive liquidity ๐ฐ
Strong news or significant adoption
A general bullish market wave (Bull Run)
The realistic scenario:
Short term:
1.6 โ 2$
2 โ 3$ (if there's strong momentum)
Medium term:
3 โ 5$
$16?
Possible only if:
The entire market is strongly bullish
The project gains significant traction
Big investors come in
The bottom line:
Right now: Accumulation / consolidation
Target $16: way too far currently
Best approach: play in phases (Scalp + close targets)
#FOLKSTrend #KelpDAOExploitFreeze $RAVE $BAS
#CHIPPricePump