$FOLKS experienced a long liquidation around 38.44694, indicating that bullish positions were overextended and the market forced a sharp reset. Long liquidations at higher levels often act as a cooldown rather than a trend break if demand holds underneath.
Support is developing around 36.20 to 35.40. Resistance appears near 40.10, followed by 42.80. A recovery above these levels opens the next target around 46.50, where momentum may rebuild.
FOLKSUSDT
Perp
25.83
+45.74%