📉🔥 $FOLKS – Strong Rejection After a Sharp Spike 💎⚠️
Following the aggressive rally toward the 2.60$ area, price faced heavy selling pressure and bullish momentum appears to be fading 📊🔻
📍 SHORT Trade Setup:
2.15 – 2.20
🛑 Stop Loss:
2.35
🎯 TP1:
1.95
🎯 TP2:
1.80
🎯 TP3:
1.65
⚠️ Price failed to hold recent gains
📉 Sellers are starting to regain control
🔥 As long as price remains below 2.20$, a deeper pullback remains possible
💰 Risk management comes first
🧠 Wait for confirmation and avoid emotional trading
$FOLKS
Following the aggressive rally toward the 2.60$ area, price faced heavy selling pressure and bullish momentum appears to be fading 📊🔻
📍 SHORT Trade Setup:
2.15 – 2.20
🛑 Stop Loss:
2.35
🎯 TP1:
1.95
🎯 TP2:
1.80
🎯 TP3:
1.65
⚠️ Price failed to hold recent gains
📉 Sellers are starting to regain control
🔥 As long as price remains below 2.20$, a deeper pullback remains possible
💰 Risk management comes first
🧠 Wait for confirmation and avoid emotional trading
$FOLKS