Alertopia2
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$FOLKS
The price is currently in a high-volatility zone! 🎢 After a massive parabolic rally, the pair hit a major Supply Zone (the red box around 44.00) and faced a sharp rejection, dropping back down to earth. 📉
Currently, the price is consolidating around 26.55. 🛑 It seems to be finding support along the orange moving average and is holding above the marked CHoCH (Change of Character) level. This indicates that while the selling was intense, the uptrend structure hasn't completely collapsed yet. 🛡️
The RSI indicator at the bottom has cooled off significantly from overbought levels and is now in neutral territory. ⚖️ This reset gives the price "room to breathe." If the immediate support holds, we might see a recovery bounce; however, a drop below the recent wicks (around 24.30) could signal further downside! 🐻
💸"Rekt or Rich?
📉 Drop your entry price! Let's see who's actually making money and who's just donating to the market maker. 👀"
our previous : Outlook
#NFA
#DYOR
{future}(FOLKSUSDT)
The price is currently in a high-volatility zone! 🎢 After a massive parabolic rally, the pair hit a major Supply Zone (the red box around 44.00) and faced a sharp rejection, dropping back down to earth. 📉
Currently, the price is consolidating around 26.55. 🛑 It seems to be finding support along the orange moving average and is holding above the marked CHoCH (Change of Character) level. This indicates that while the selling was intense, the uptrend structure hasn't completely collapsed yet. 🛡️
The RSI indicator at the bottom has cooled off significantly from overbought levels and is now in neutral territory. ⚖️ This reset gives the price "room to breathe." If the immediate support holds, we might see a recovery bounce; however, a drop below the recent wicks (around 24.30) could signal further downside! 🐻
💸"Rekt or Rich?
📉 Drop your entry price! Let's see who's actually making money and who's just donating to the market maker. 👀"
our previous : Outlook
#NFA
#DYOR
{future}(FOLKSUSDT)
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