$FOLKS USDT — Demand Tap After Liquidation Flush

Price: $5.89

Move: -2.7%

Intraday Range: High $6.12 — Low $5.86

Reason: Long liquidations forced a retest of local demand. Buyers absorbing but not aggressively defending yet.

Key Levels:

Support: $5.82

Resistance: $6.08

Trend: Short-term bearish, mid-term bullish intact.

Trade Idea:

If price reclaims $6.08 → continuation back toward $6.35.

If it loses $5.82 → downside magnet at $5.60.

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