$FOLKS

Market Condition:

Price rejected strongly from 46.99 and made a deep pullback to 20.17. Currently trading around 26.9, still below EMA 25 & EMA 99, showing overall bearish pressure with a weak bounce.

🔴 Sell Zone (Short):

• 27.8 – 29.5 (EMA resistance zone)

• Confirmation: rejection or bearish candle near this area

🎯 Short Targets:

• 24.7

• 22.0

• 20.2 (major support)

🟢 Buy Zone (Only if breakout):

• Buy above 30.6 with strong volume

• Targets: 34.0 – 36.5

⚠️ Trend:

Overall bearish to sideways until price reclaims EMA 99.

📌 Trade with proper risk management.

FOLKSUSDT

Perp

24.47

-10.20%