$FOLKS Short Liquidation | Shorts Trapped
Short sellers on $FOLKS were forced to exit as the price surged, triggering a strong short squeeze and fueling bullish momentum. Buyers are defending key support levels, taking control of the market.
Liquidation Type: Short
Liquidated Amount: $2.5546K
Liquidation Price: $7.25732
EP: $7.25000
TP: $7.32000 / $7.38000
SL: $7.22000
Market Outlook:
This liquidation confirms strong buying pressure near support, pushing momentum against shorts. Staying above the liquidation level keeps upside momentum strong, while minor pullbacks may lead to brief consolidation before the next bullish move.
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