🔥 $FOLKS About to Get Crushed? 📉

Entry: 5.40 – 5.60

TP1: 5.00

TP2: 4.60

TP3: 4.20

SL: Above 6.05

$FOLKS is stuck in a strong downtrend, making lower highs and lows. That recent bounce? Don’t fall for it. It looks like a classic dead-cat bounce before another leg down. 🐻 Key resistance at 5.40-5.60 and 6.00 will likely cap any upside. Expect selling pressure to dominate, especially if volume remains weak. Focus on shorting rallies – this isn’t a market to be chasing longs. Support levels to watch: 5.00 and 4.55-4.60. Protect your capital above 6.05.

#FOLKSHORTS #CryptoTrading #Bearish #Altcoins 🚀

FOLKSUSDT

Perp

4.39

-4.87%