$FOLKS /USDT UNDER HEAVY BEARISH PRESSURE — DOWNSIDE CONTINUATION POSSIBLE

Current Price: 5.259

Market Outlook:

$FOLKS/USDT has sharply declined, losing over 24% in the last 24 hours. The pair is showing strong bearish momentum, approaching key support levels. Traders should watch for potential bounces at support, but the overall trend remains bearish until confirmed otherwise.

Key Resistance Levels:

5.500 – 6.000: Immediate resistance zone

6.500 – 6.929: Next major resistance levels

7.500 – 7.838: Stronger resistance, previous highs

Key Support Levels:

5.260 – 4.739: First support zone

4.569 – 4.500: Critical demand zone

Below 4.500: Strong bearish continuation likely

Trade Setup (SHORT / SELL IDEA)

Entry: 5.300 – 5.260 (on pullback or consolidation near resistance)

Target 1 (TP1): 4.739

Target 2 (TP2): 4.569

Stop Loss (SL): 5.500

Wait for confirmation before entering and manage risk carefully.

Final Message:

Even in sharp downtrends, disciplined trading creates opportunity. Protect your capital, follow your strategy, and let the market show the path. Patience, focus, and risk management will guide you through volatility — stay confident and keep moving forward 📉💪