$FOLKS looks like a replay of the $COAI pattern.

$COAI pumped to 20, then collapsed to 2–1, trapped longs, and is now trading around 0.44.

$FOLK showed similar behavior — ran up near 46, consolidated around 24–25, and has now been dumped in the 4 zones.

Price action suggests further downside risk, and a move below 2–1 cannot be ruled out.

📉 Classic liquidity grab → distribution → retail trap.