🦅 STRUCTURAL COLLAPSE: $FOLKS BREAKS THE FLOOR 📉
👇 CLICK ON $FOLKS TO SHORT THE capitulation
⚠️ SNIPER DIAGNOSIS:
The Incentive Hangover.
FOLKS, the cross-chain DeFi hub, is witnessing a massive exit of capital. The "Bullish Recovery" has officially failed.
Broken Demand Zone: The price has sliced through the major support shelf at 2.122. This level, which acted as a bounce point recently, is now a massive overhead resistance.
Bearish Acceleration: We are seeing a vertical drop toward local lows. The current price of 2.047 is under heavy pressure, and the RSI is pointing straight to the abyss at 58.74, showing there is still a long way down before finding a real bottom.
📉 SNIPER DATA ($FOLKS):
🔴 DIRECTION: SHORT (Sell the Breakdown).
🧱 ENTRY ZONE: 2.045 - 2.055 (Enter at current market price).
🎯 OFFICIAL TARGETS:
✅ TP1: 2.101 (Immediate Pullback Resistance - Secure here if it bounces).
✅ TP2: 2.070 (Previous Local Floor).
🚀 TARGET: 2.025 (The Basement / Fresh Cycle Low).
🛑 STOP LOSS:
SL: 2.202
THE SNIPER REPORT:
Technical Fatigue: Despite a roadmap featuring xChain V2 and $15M in incentives for later this year, the short-term technicals are purely bearish. We are trading the current 24h market cap decline of 12,43%.
The Play: We are riding the momentum. The price just printed an all-time low of 2.04 today, and the lack of buy volume suggests a deeper flush is coming.
👇 Shorting the hangover? Click on $FOLKS
#folksusd #CapitalFlow