$FOLKS / USDT – Long Liquidation Pressure
$FOLKS saw $1.20K in long liquidations at 1.36525. This means bullish traders were forcefully closed as price dropped.
Long liquidations add downside momentum because positions are closed into market selling.
Potential Entry Zone for Buyers:
1.28 – 1.34
Upside Targets:
• Target 1: 1.45
• Target 2: 1.55
• Extended Target: 1.70
Protective Zone:
Stop-Loss: 1.20
Market Bias: Bearish
FOLKS
Alpha
1.32743
-5.99%
#FOLKS #USNFPBlowout #USRetailSalesMissForecast #USTechFundFlows #WhaleDeRiskETH