$FOLKS Short Trade Is Setting Up
FOLKS is showing clear bearish continuation after failing to hold above the 2.400 resistance level. Sellers are aggressively pushing the price lower with consecutive red candles, and the breakdown below the 2.200 support confirms strong selling pressure.
SHORT SETUP
Entry: $2.140 – $2.165
TP1: $2.080
TP2: $2.020
TP3: $1.950
SL: $2.230
As long as the price stays below the 2.200 resistance area, the bearish structure remains valid. Watch the reaction around entry — a weak bounce or rejection candle here could trigger the next leg down.
Sell & Trade $FOLKS
FOLKS is showing clear bearish continuation after failing to hold above the 2.400 resistance level. Sellers are aggressively pushing the price lower with consecutive red candles, and the breakdown below the 2.200 support confirms strong selling pressure.
SHORT SETUP
Entry: $2.140 – $2.165
TP1: $2.080
TP2: $2.020
TP3: $1.950
SL: $2.230
As long as the price stays below the 2.200 resistance area, the bearish structure remains valid. Watch the reaction around entry — a weak bounce or rejection candle here could trigger the next leg down.
Sell & Trade $FOLKS