$FOLKS /USDT Short Trade Setup ๐ป๐
FOLKS SHOWING WEAKNESS AFTER A SPIKE โ SELL PRESSURE BUILDING!
FOLKS is trading around $4.425 (+8.99%), but momentum appears to be fading after a strong upward rally. Sellers are stepping in at the top, leading to a series of lower highs and weak follow-through buying โ indicating a potential short-term retracement.
๐ Trade Setup (Short Bias):
Entry Zone: $4.42 โ $4.48
Target 1: $4.05
Target 2: $3.85
Target 3: $3.75
Stop Loss: $4.84
๐ Market Outlook:
The rejection from the $4.80โ$5.00 zone suggests exhaustion in buying pressure. If the price breaks below $4.35, we may see a quick drop toward $3.75 support. Volume patterns also hint at distribution rather than accumulation.
โก Pro Tip:
Watch the $4.40 support closely โ a decisive red candle close below it confirms bearish continuation.
#FOLKS #PrivacyCoinSurge #SolanaETFInflows #BuiltonSolayer #CryptoIn401k

