WARNING: BULLS ARE GETTING TRAPPED ON $FOLKS! šØš
Trade Setup: $FOLKS / USDT
š Direction: SHORT (Bearish Rejection)
šÆ Target Levels:
Entry Zone: $1.147 ā $1.165
TP 1: $1.107 (24h Low Support)
TP 2: $1.063 (Major Structural Support)
TP 3: $1.000 (Psychological Floor)
Stop Loss (SL): $1.210 (Above local resistance)
š§ The Logic (Knowledge Bomb):
Price just faced a heavy rejection at the MA-25 ($1.183) on the 1H chart. When the price hits a Moving Average and immediately reverses with red volume bars, it signals that whales are using the bounce to exit their positions. The peak at $1.270 is now a confirmed "Lower High," which validates a strong bearish trend. Don't buy the bounce! ā
š¬ The Big Question:
The bulls are exhausted! š Do you think the $1.107 support will hold for a midnight recovery, or are we heading straight for a breakdown? In my logic, the downside target is 100% confirmed. Whatās your take? š
Trade:


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