Z

$FOLKS
Price is in a strong downtrend on the 1H timeframe. The market is making lower highs and lower lows, and price is trading below EMA(7), EMA(25), and EMA(99), which confirms bearish momentum.
Sell / Short Zone:
👉 $5.60 – $5.90 (pullback into EMA resistance)
Targets:
🎯 $5.00
🎯 $4.50
Stop Loss:
❌ Above $6.30
Bias: Bearish until price reclaims and holds above $6.50.
No buy recommended yet — wait for clear trend reversal.
Trade carefully and manage risk.
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