$FOLKS experienced a long liquidation of $1.8325K at $5.65601, reflecting a failed attempt by bulls to maintain higher levels. Traders positioned for continuation were forced out as price slipped, suggesting resistance remains strong in this zone. Although not a massive liquidation, it signals weakening short-term confidence. For $FOLKS, this may lead to sideways movement as leverage resets and market participants wait for stronger confirmation. Clearing these longs could help stabilize price if buyers return with more disciplined positioning.
FOLKSUSDT
Perp
4.938
-2.52%
