🔥 $FOLKS About to Get Crushed? 📉

Entry: 5.40 – 5.60

TP1: 5.00

TP2: 4.60

TP3: 4.20

SL: Above 6.05

$FOLKS is stuck in a strong downtrend, making lower highs and lows. That bounce you saw? Likely a dead cat bounce – don’t be fooled. 🐻 Price is consolidating around 5.20, but resistance looms at 5.40-5.60 and 6.00. Selling pressure is firmly in control. Look to short rallies, especially on rejection from those key resistance levels. Support sits at 5.00 and further down at 4.55-4.60. Protect your capital with a stop loss above 6.05. This isn’t a long setup – it’s a short opportunity.

#FOLKSHORTS #CryptoTrading #Bearish #Altcoins 🚀

FOLKSUSDT

Prep

4.448

-15.16%