FOLKS is currently reported at 36.671, after experiencing an extreme surge of nearly 200% from a low point of 14.624, it faced epic selling pressure and fell back at a high point of 46.998. The 4-hour level displays a typical 'explosive rise - flash crash' peak structure, with the price severely deviating from the upper Bollinger Band. Although the MACD momentum is strong, the price shows a long upper shadow at a high level, indicating that the bullish force has completely exhausted after extreme release, and the pressure from massive profit-taking has burst like a flood.

The current rebound resistance has clearly shifted down to the 40.00–43.00 area, formed by the midpoint of the long upper shadow and psychological barriers, creating a strong resistance. The key support below is located in the 21.00–25.00 range, which serves as the Bollinger Band middle track and the first consolidation platform during the explosive rise. Once this is lost, it will open up a deep correction space down to 15.00–18.00.

It is recommended to gradually short in the 38.00–41.00 range during the rebound, with a stop loss above 46.00 and a target of 28.00–30.00. If the price directly breaks below 30.00, one can decisively follow the short, targeting below 25.00 #加密市场观察 #山寨币杀跌 #folki/usdt $FOLKS