๐Ÿ“‰ $MYX and $COAI have already taken heavy hits โ€” now $FOLKS joins the list after a sharp dump from $49 โ†’ $9.


For holders, the dilemma is clear: average down or cut the loss. Iโ€™m leaning toward a cautious accumulation, based on current structure.


Price has sold off aggressively and is now attempting to stabilize at a strong historical support zone. If buyers manage to defend this level, a relief bounce is very possible.


๐Ÿ“ฅ Entry Zone: 9.20 โ€“ 9.50

๐Ÿ›‘ Stop-Loss: 8.70


๐ŸŽฏ Targets:

TP1: 10.20

TP2: 11.00

TP3: 12.00


โš ๏ธ Market conditions remain highly volatile, so execution matters more than conviction. Stay patient, respect risk, and let price confirm the move. ๐Ÿง˜


Not financial advice.

#crypto

#Altcoins

#TechnicalAnalysis

#RiskManagement

#VolatileMarket