$FOLKS SHORT — Double Top Rejection Setup
Entry: 2.080 – 2.090
TP1: 2.040
TP2: 1.990
TP3: 1.940
SL: 2.150
Price faced strong resistance near the 2.145 peak, forming a clear double-top pattern followed by consecutive red rejection candles. Fading volume on the retest indicates buying momentum is exhausting, paving the way for a pull-back toward lower dynamic support levels.
$FOLKS
Entry: 2.080 – 2.090
TP1: 2.040
TP2: 1.990
TP3: 1.940
SL: 2.150
Price faced strong resistance near the 2.145 peak, forming a clear double-top pattern followed by consecutive red rejection candles. Fading volume on the retest indicates buying momentum is exhausting, paving the way for a pull-back toward lower dynamic support levels.
$FOLKS