$FOLKS - heavily overextended into the 3.143 supply ceiling as whales struggle to push it any higher. A break below 2.711 could ignite a massive cascade 📉
Trade Plan: Short $FOLKS
✅ Entry: 3.00 – 3.20
⛔ SL: 3.691
🎯 TP: 1️⃣ 1.657 | 2️⃣ 1.150 | 3️⃣ 0.850
⚠️ Strategy: Adjust Quantities to that much you can afford to lose.
🧑💻 Why this Setup?
The rally appears stretched as price runs into strong overhead supply near 3.143. Buying momentum is fading while larger players seem unable to sustain further upside. If 2.711 breaks, downside pressure could accelerate violently and trigger a broad sweep of lower liquidity zones.
Click Here to Trade 👉 $FOLKS
Trade Plan: Short $FOLKS
✅ Entry: 3.00 – 3.20
⛔ SL: 3.691
🎯 TP: 1️⃣ 1.657 | 2️⃣ 1.150 | 3️⃣ 0.850
⚠️ Strategy: Adjust Quantities to that much you can afford to lose.
🧑💻 Why this Setup?
The rally appears stretched as price runs into strong overhead supply near 3.143. Buying momentum is fading while larger players seem unable to sustain further upside. If 2.711 breaks, downside pressure could accelerate violently and trigger a broad sweep of lower liquidity zones.
Click Here to Trade 👉 $FOLKS