$FOLKS is showing signs of selling pressure after a $7.72K long liquidation near $2.619. This suggests leveraged buyers are facing pressure, but further downside needs confirmation through market structure and volume.
๐น Support: $2.55โ$2.60
๐น Resistance: $2.65โ$2.70
๐ฏ Next Target: $2.50 if support breaks
๐ Bias: Bearish below resistance
If sellers maintain control and support fails, price could seek lower liquidity. A strong reclaim of resistance would weaken the bearish setup.
Let's go $FOLKS ๐
๐น Support: $2.55โ$2.60
๐น Resistance: $2.65โ$2.70
๐ฏ Next Target: $2.50 if support breaks
๐ Bias: Bearish below resistance
If sellers maintain control and support fails, price could seek lower liquidity. A strong reclaim of resistance would weaken the bearish setup.
Let's go $FOLKS ๐