The $FOLKS /USDT pair is currently delivering a high-stakes masterclass in volatility, rebounding sharply to 5.206 after a terrifying freefall that wiped out nearly all intraday gains. After peaking at a local high of 6.158, the price plummeted through every support level, hitting a despairing low near 4.900 before bulls finally stepped in to stage a dramatic recovery. With a massive $208.68M in 24-hour volume fueling this chaos, the chart is currently a battlefield: a series of green candles are desperately trying to reclaim the moving average, suggesting a high-velocity tug-of-war between a complete trend reversal and a simple "dead cat bounce."
Would you like me to analyze the specific support and resistance levels to watch for the next few hours?
