REJECTION AT 1.985 TRAPS DESPERATE BULLS AS $FOLKS RAYS HEAVY DOWNWARD DRAFT! š š©ø
Entry: 1.964 - 1.970 ā”
Target: 1.899 šÆ
Stop Loss: 2.002 ā ļø
Sellers delivered a brutal rejection at the 1.985 resistance level, completely exhausting buyer momentum on every small bounce attempt. Yet stubborn late longs continue trying to bid against the tide, turning themselves into prime liquidity.
Order flow shows buying volume drying up fast while heavy overhead supply caps any upward relief. š A cascading breakdown is rapidly brewing as overextended positions face impending forced liquidations. š
š¬ Are you shorting this breakdown with the smart money or holding the bag into support? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #FOLKS #ShortSetup #Bearish #CryptoTrading #PriceAction
š š»
Entry: 1.964 - 1.970 ā”
Target: 1.899 šÆ
Stop Loss: 2.002 ā ļø
Sellers delivered a brutal rejection at the 1.985 resistance level, completely exhausting buyer momentum on every small bounce attempt. Yet stubborn late longs continue trying to bid against the tide, turning themselves into prime liquidity.
Order flow shows buying volume drying up fast while heavy overhead supply caps any upward relief. š A cascading breakdown is rapidly brewing as overextended positions face impending forced liquidations. š
š¬ Are you shorting this breakdown with the smart money or holding the bag into support? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #FOLKS #ShortSetup #Bearish #CryptoTrading #PriceAction
š š»
