📉 SHORT —$FOLKS (Folks Finance)

FOLKSUSDT

Perp

1.069

-6.14%

Bias: Bearish continuation after weak recovery attempt

Timeframe: Short‑term swing (days to ~2–3 weeks)

Rationale:

• Price remains structurally below recent distribution zone

• Failed reclaim of key resistance → momentum loss

• Volume drying on bumps, picking up on down moves

• RSI still under pressure — not signalling a clean bottom