Just one quick thought: I just saw it had dropped 8.09% in $FOLKS 5 minutes, so the comments are probably already calling it a buying opportunity again.
My usual approach is not to buy into a sharp drop right away. I wait for the price to stabilize, then check whether there’s strong buying support on increased volume. The level to watch for now is the 24h low of 2.265.
When it comes to buying the dip, waiting a little longer is often safer. Does that sound reasonable to you?
The data is from public sources; please verify it yourself.
My usual approach is not to buy into a sharp drop right away. I wait for the price to stabilize, then check whether there’s strong buying support on increased volume. The level to watch for now is the 24h low of 2.265.
When it comes to buying the dip, waiting a little longer is often safer. Does that sound reasonable to you?
The data is from public sources; please verify it yourself.