🚨 $FOLKS REVISITS SUPPLY ZONE AS BEARISH STRUCTURE THREATENS ANOTHER LEG DOWN 📉
Entry: 2.132 - 2.143 ⚡
Target: 2.087 / 1.853 / 1.801 🎯
Stop Loss: 2.157 ⚠️
📌 Sellers are defending the 2.132–2.143 overhead supply block on the 1H chart, preserving the macro bearish structure as bids begin to thin out. 🔍 While the broader trend heavily favors an extended slide toward 1.801, disciplined execution demands patience before pulling the trigger.
📊 Momentum metrics sit just below the threshold for an immediate entry, making this a prime watchlist candidate where confirmation volume will dictate the next breakdown. 💬 Are you front-running this overhead supply or waiting for active rejection before pressing the short? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #FOLKS #ShortSetup #Bearish #PriceAction #CryptoTrading
🎯 🦈
Entry: 2.132 - 2.143 ⚡
Target: 2.087 / 1.853 / 1.801 🎯
Stop Loss: 2.157 ⚠️
📌 Sellers are defending the 2.132–2.143 overhead supply block on the 1H chart, preserving the macro bearish structure as bids begin to thin out. 🔍 While the broader trend heavily favors an extended slide toward 1.801, disciplined execution demands patience before pulling the trigger.
📊 Momentum metrics sit just below the threshold for an immediate entry, making this a prime watchlist candidate where confirmation volume will dictate the next breakdown. 💬 Are you front-running this overhead supply or waiting for active rejection before pressing the short? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #FOLKS #ShortSetup #Bearish #PriceAction #CryptoTrading
🎯 🦈