🚨 $FOLKS RALLY RUNS OUT OF STEAM AT HEAVY RESISTANCE! 📉
Entry: 1.901 - 1.939 ⚡
Target: 1.76 🎯
Stop Loss: 2.09 🛑
The recent relief bounce on $FOLKS is losing momentum fast as price hits a thick layer of overhead supply. 📊 Sellers are aggressively stepping in to defend this key block, signaling that buyers have completely exhausted their push.
📉 As order flow flips back in favor of the bears, the path of least resistance points straight down toward untapped liquidity pockets below. 💡 Riding the rejection off this level provides a clean, well-defined risk structure. 💬 Are you shorting this rejection or waiting for a breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #FOLKS #ShortSetup #Altcoins #Crypto
🐻 🔻
Entry: 1.901 - 1.939 ⚡
Target: 1.76 🎯
Stop Loss: 2.09 🛑
The recent relief bounce on $FOLKS is losing momentum fast as price hits a thick layer of overhead supply. 📊 Sellers are aggressively stepping in to defend this key block, signaling that buyers have completely exhausted their push.
📉 As order flow flips back in favor of the bears, the path of least resistance points straight down toward untapped liquidity pockets below. 💡 Riding the rejection off this level provides a clean, well-defined risk structure. 💬 Are you shorting this rejection or waiting for a breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #FOLKS #ShortSetup #Altcoins #Crypto
🐻 🔻