FOLKS just pumped extremely then dumped -25% ā this is the distribution zone, not a time for FOMO. As long as the price remains below 26ā27, shorting is more rational than hoping for a bounce.
šÆ SHORT SETUP
Entry: 25.5 ā 26.5
TP1: 23.5
TP2: 21.8
TP3: 19.5
SL: 27.5
š§ CONCLUSION
Current bias is SHORT > LONG.
Long is only valid if reclaiming 27+ with strong volume.
If not? Bounce = selling opportunity.
ā ļø Not financial advice. Risk management is mandatory.
$FOLKS


FOLKSUSDT
Perp
6.836
-30.59%