$FOLKS Short Liquidation: $4.9761K at $5.40465
Short sellers were completely caught as FOLKS pushed higher with strong momentum. Price moved fast above the short zone, triggering stop losses and forcing a sharp squeeze. Liquidity was taken cleanly, showing buyers were in control of the move.
Entry (EP): $5.32
Take Profit (TP): $5.68
Stop Loss (SL): $5.12
Market Outlook:
$FOLKS is showing clear short-term bullish strength after removing weak shorts. If price holds above the liquidation level, further upside is likely. Volatility remains high, so trade patiently and manage risk carefully.
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