🦅 STRUCTURE FAILURE: $FOLKS IS HEAVY 📉
👇 CLICK ON $FOLKS TO SHORT THE BREAKDOWN
⚠️ SNIPER DIAGNOSIS:
No buyers in sight.
FOLKS is showing classic signs of trend exhaustion. The price is unable to reclaim the EMA 200 (Dynamic Resistance) and is printing lower highs.
Trend Alignment: We are trading strictly below 1.487 (EMA 200). In Sniper terms, this is "Bearish Territory".
The Flush: The candles are turning red with volume. The market is looking for liquidity much lower.
📉 SNIPER DATA ($FOLKS):
🔴 DIRECTION: SHORT (Sell the Weakness).
🧱 ENTRY ZONE: 1.460 - 1.465 (Enter at current market price).
🎯 OFFICIAL TARGETS:
✅ TP1: 1.438 (Immediate Support / Scalp).
✅ TP2: 1.400 (Psychological Level).
🚀 TARGET: 1.350 (Range Lows / Liquidation Zone).
🛑 STOP LOSS:
SL: 1.590
THE SNIPER REPORT:
The Logic: Trend following. The path of least resistance is DOWN. We are not fighting the current.
Risk Management: If the price reclaims the EMA, the thesis is invalid. We cut it fast.
👇 Betting on gravity? Click on $FOLKS
