$FOLKS – Short Liquidation Update
Short liquidation seen on $FOLKS as price pushed above $5.18, forcing bears to exit. Sellers failed to hold this level, and forced buying added upside momentum.
Details:
Liquidation: Short
Amount: ~$1.3K
Price: $5.18885
Levels:
EP: $5.15
TP: $5.32 → $5.55
SL: $5.05
Outlook:
Holding above the liquidation zone keeps bullish bias intact. Small pullbacks are healthy; structure still favors buyers.
Tip:
Wait for pullback after liquidation — don’t chase.
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FOLKSUSDT
Prep
5.356
+9.28%