$FOLKS just experienced a sharp impulsive breakdown from the 4.90–5.00 supply zone, followed by heavy continuation selling. That strong bearish candle confirms sellers are fully in control and any bounce we see now is corrective, not trend-reversal. Price is making lower highs and lower lows, and structure clearly favors downside continuation.

The current small bounce near 4.36 looks like a weak relief move after panic selling. As long as price stays below the broken support zone around 4.55–4.65, shorts remain the safer and cleaner scalp direction. Buyers are reacting, not leading.

📌 When would Trend change?

Only if $FOLKS reclaims and holds above 4.65 with strong volume. Below this zone, bearish pressure remains dominant.

🔽 Short Scalp Trade Signal

Entry Zone: 4.40 – 4.55

TP1: 4.20

TP2: 4.00

Stop Loss: 4.75

Leverage: 20x – 50x

Margin: 2% – 5%

Risk Management: Move your stoploss to entry after TP is smashed

Short #FOLKS Here 👇👇

FOLKSUSDT

Perp

4.363

-11.91%