๐ $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. Iโm 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.
๐ฅ Entry Zone: 9.20 โ 9.50
๐ Stop-Loss: 8.70
๐ฏ Targets:
TP1: 10.20
TP2: 11.00
TP3: 12.00
โ ๏ธ Market conditions remain highly volatile, so execution matters more than conviction. Stay patient, respect risk, and let price confirm the move. ๐ง
Not financial advice.
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