🚨 $FOLKS -85% Crash: Extreme Oversold - Bottom Fishing Setup ⚡️
Plan Trade: Long 🟢
Entry Zone: 7.2 - 7.6
Take Profit:
🎯 TP1: 8.4
🎯 TP2: 8.8
🎯 TP3: 9.2
Stop Loss: 6.8
FOLKSUSDT
Prep
7.522
-33.62%
🔥Technical Analysis:
Following a massive crash from $47 to $6.8, $FOLKS is in Extreme Oversold territory with H4 RSI hitting 18.6. On the 15m chart, price is stabilizing near 6.86 as RSI begins to recover. This setup signals a high probability of a technical rebound after the panic selling.