#Folks short update
Price gave a strong pump and now showing rejection just below the supply zone. Buyers look weak here and some exhaustion is visible after the fast move.
Short idea looks valid from this area as long as price stays below 13.6.
Expected pullback area is near 12.9 and if momentum continues it can move toward 12.6.
After a sharp push price usually cools down so this short scalp makes sense.
FOLKSUSDT
Perp
14.84
+42.27%