$FOLKS Futures Short Signal
Entry Zone: 15.480 – 15.820
Take-Profit 1: 15.120
Take-Profit 2: 14.680
Take-Profit 3: 14.210
Stop-Loss: 16.020
Leverage (Suggested): 3–5x
Rationale:
#FOLKS rejected strongly from 17.40 and is forming a clear lower-high structure with persistent sell pressure. Price is trading below the short-term moving averages, showing momentum shifting back to sellers. As long as price remains under 15.82, downside continuation toward the 14.8–14.2 liquidity zone is favored.
Risk-Management Note:
A move above 16.02 breaks the descending structure and invalidates the short setup.
