$FOLKS SHORT on Rejection

FOLKSBSC
FOLKSUSDT
1.565
+3.02%

Sell into strength as price retests resistance, targeting a move back toward support.

Entry: $2.540 - $2.590

Stop Loss: $2.650 (above recent high)

Take Profit 1: $2.350

Take Profit 2: $2.200

Take Profit 3: $2.050

Note: A break above $2.650 invalidates the setup and could trigger a short squeeze toward $2.70+. A direct breakdown below $2.241 may accelerate losses.

Risk Warning:

Overbought conditions can remain extended. Shorts are in profit and may defend positions.

DYOR – Not financial advice.

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