$FOLKS is showing weakness after a sharp long liquidation cascade triggered a breakdown.
Sellers are in full control below the $2.19 reaction high.
EP
$2.19–$2.23
TP
$2.10
$2.02
$1.95
SL
$2.30
Heavy long liquidations near $2.19 have flipped the structure bearish. Holding below this entry zone keeps the downward momentum intact, with the next major demand area sitting near $1.95.
Let’s go $FOLKS
Sellers are in full control below the $2.19 reaction high.
EP
$2.19–$2.23
TP
$2.10
$2.02
$1.95
SL
$2.30
Heavy long liquidations near $2.19 have flipped the structure bearish. Holding below this entry zone keeps the downward momentum intact, with the next major demand area sitting near $1.95.
Let’s go $FOLKS