⚠️ $FOLKS – High Risk Warning ⚠️

Folks have collapsed very strongly, similar to what $MYX and $COAI experienced before.

A big pump, with no solid foundation, followed by a fierce sell-off — this is indeed the scenario we are seeing at the moment.

🔎 From here, only 2 scenarios can occur:

🔻 Option 1:

Selling pressure continues → price gradually decreases to $1, even $0.5.

🔺 Option 2:

If the current sell-off is mainly due to panic and liquidation, the price could recover very quickly.

A bounce back to $25 – $40 can only happen when buyers truly come back.

⚠️ Current reality:

Very high risk

❌ No clear buy point

❌ No safe sell point

🧠 Best action: WAIT ⏳

Let the market express itself first, then take action.

Trade on confirmation, not on emotion.