$FOLKS SHORT SETUP .... Strong rally, correction ahead
Entry: 2.523
TP1: 2.450
TP2: 2.350
Final target: 2.250
SL: 2.750
$FOLKS has surged to 2.574, but sellers are starting to appear near the high.
A rejection at this resistance could trigger a correction toward 2.35 and even 2.25.
Market momentum remains bullish, so this short position carries risks. A sustained move above 2.574 would weaken the bearish setup.
Entry: 2.523
TP1: 2.450
TP2: 2.350
Final target: 2.250
SL: 2.750
$FOLKS has surged to 2.574, but sellers are starting to appear near the high.
A rejection at this resistance could trigger a correction toward 2.35 and even 2.25.
Market momentum remains bullish, so this short position carries risks. A sustained move above 2.574 would weaken the bearish setup.