$FOLKS

FOLKSUSDT

Perp

1.082

-3.82%

⚔️ Trade Setup: SHORT

Entry Zone: 1.145 – 1.155

Stop Loss: 1.172 (above recent rejection & EMA cluster)

Take Profit: 1.110 (≈ 3% move)

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📊 Why This Works

• Price rejected 1.17 resistance multiple times

• EMAs flipping bearish (short-term below mid-term)

• 15m confirms lower lows + weak bounce attempts

• RSI still has room to drop → downside not exhausted

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⚠️ Invalidation

If price reclaims 1.17 with strong volume, this short idea is dead. That would signal reversal strength — step aside. #folks #trading #LearnWithEitanHalevi