🚨 $FOLKS Extreme Capitulation – Rebound Watch

On December 14, $FOLKS topped out near 46.8 and has been in a persistent downtrend ever since. Today, price printed a cycle low around 1.08, marking an almost 98% drawdown in under two months.

This kind of move signals capitulation — forced selling, panic exits, and exhausted sellers. Markets don’t move in straight lines forever, and assets that collapse this hard often see technical rebounds once selling pressure fades.

📉 What to Watch

Selling momentum slowing

Base formation near the lows

Volume returning on the buy side

🧠 Reminder There are no assets that only fall and never bounce. The risk is high, but so is the mean-reversion potential at extreme lows.

⚠️ Manage risk. Scale entries. Let price confirm.

$FOLKS

FOLKSUSDT

Perp

1.454

+6.20%

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