🚨 $FOLKS — Obvious downtrend, strong shorting opportunity 🚨

Trading plan (short) — $FOLKS

Entry point: Current breakout area (based on the chart you described — price has broken through key support)

Stop loss (SL): Set above the recently broken support (approximately 3–5%, depending on the time frame)

Target 1 (TP1): The next nearest support

Target 2 (TP2): A deeper liquidity area

Target 3 (TP3): If the downward momentum continues strong, it will be the extended bottom level

🔎 Brief analysis:

$FOLKS just broke through key support → The trend is fully turning bearish.

Continuous red candles, gradually decreasing volume, every rebound is heavily sold → Potential bull trap.

🔸 Obvious downward structure → Lower highs + Support breakout

🔸 Weak volume → Buyers are exhausted

🔸 Sellers completely in control → Every rebound is just a "dead cat bounce"

🔸 Downward space is expanding → Thin liquidity below support

This is the continuation pattern of a crash — shorting early and accurately can fully capture the downward wave.

🔥 Summary:

$FOLKS is signaling the next strong downward movement. Now is the golden time to short, entering when the breakout is still fresh and selling pressure is absolutely dominant.