đ
NAUGHTY LIST: THE $FOLKS SLIDE CONTINUES â«
đ CLICK ON $FOLKS TO DELIVER THE COAL
â ïž SANTA'S DIAGNOSIS:
The Hangover after the Party. âïžđ«
FOLKS is struggling to find buyers after the "Incentive Sunset" earlier this month.
Broken Support: Look at the chart! The price has failed to hold the local support level at 2.050. We are seeing a breakdown of the immediate consolidation, with sellers pushing the price into a fresh "Value Gap".
Bearish Gravity: The price is trading well below its moving averages, and the RSI is currently at 35.39, indicating persistent downward momentum. Even with the xChain V2 roadmap, the short-term technicals are as cold as a blizzard.
đ WORKSHOP DATA ($FOLKS):
đŽ DIRECTION: SHORT (Sell the Breakdown).
𧱠ENTRY ZONE: 2.040 - 2.050 (Enter at current market price).
đŻ SANTA'S TARGETS:
â
TP1: 2.020 (Immediate Floor).
â
TP2: 1.970 (Structural Support Gap).
đ TARGET: 1.905 (The Bottom of the Sack).
đ STOP LOSS:
SL: 2.194
đ SANTA'S VERDICT:
No gifts for the late buyers. â«
The total supply of 50M tokens is only 26% circulating, and without active high-yield incentives to lock them up, the path of least resistance remains down. Santa is riding the bearish sleigh until the $1.90 area.
đ Banked the drop? Click on $FOLKS
