$FOLKS Stuck in a Weak Bounce — Sellers Quietly Taking Control 📉

I’m looking for a short here 🔻

entry around nearby $1.340,

keeping a tight invalidation (SL) at $1.420

aiming for $1.175 first

then a deeper move toward below ¢1.

Price had a strong push earlier but now it’s clearly losing momentum near the upper zone, struggling to break higher while forming choppy candles and repeated rejections around the same level. You ccan see how every small push up is getting sold into, and the structure is slowly shifting from aggressive buying to weak upside attempts. Volume also looks less convincing on the recent rise compared to the earlier impulsive move, which usually means buyers are running out of strength. This kind of slow grind up into resistance often turns into a sharp drop once sellers step in properly. If this zone holds, we could see a clean downside move as liquidity gets taken below recent lows 🔻