$FOLKS USDT Perp ⚠️ BLOOD ON CHART
Price 6.41
Down -36% in 24H
Hard dump from 11.49 → 6.13
This is panic + liquidation zone.
Key Levels
Immediate Support: 6.10 – 6.13
Major Support: 5.80
Resistance: 6.80 – 7.20
Strong Rejection Zone: 7.55 – 7.85
Bear Case 🔴 (Trend Still Weak)
Below 6.80 = sellers in control
Breakdown under 6.10
Targets: 5.80 → 5.40
Any bounce can be dead cat bounce
Bull Case 🟢 (Relief Bounce Only)
Hold 6.10 with volume
Reclaim 6.80
Targets: 7.20 → 7.55
Only scalp, not conviction long
Market Mood: Fear high, emotions shaken
Strategy: Small size, fast hands
Leverage: Max 5x
Risk: 1% only
This is not a buy-the-dip market.
This is a survive-the-storm market.
One wrong candle… and it bleeds more.
FOLKSUSDT
Perp
5.03
-24.80%
