⚠️ $FOLKS — Breakdown Continuation, Bearish Short Setup 📉
Trading Plan — SHORT $FOLKS
· Entry: 23.70 – 24.00
· Target 1: 23.00
· Target 2: 22.00
· Stop Loss: 24.50
Analysis
$FOLKS at 23.779 is showing continued bearish momentum (-12.73% today), trading near the 24H low (22.696) with weak recovery attempts. Price structure remains weak, indicating potential for further decline toward lower support levels.
A breakdown below 23.50 should target 23.00 → 22.00. Only a break above 24.50 would invalidate the short setup.


FOLKSUSDT
Perp
12.86
-46.62%
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