Reason: FOLKS 24H decline of 38.56% and suspected capital outflow from main contracts. After breaking below the $10 key support level, no signs of stabilization appeared. Technical indicators show that bullish momentum has significantly weakened; despite whale accumulation and ecosystem upgrade catalysts, short-term market is dominated by weak capital flow. The trend is likely to continue downward within the day. In extreme volatility, short selling can capture short-term downside potential. Relaxing take-profit settings to adapt to intraday price fluctuations.
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SmoothSailing888
· 12-17 11:26
Hop on board!🚗
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CryptoSocietyOfRhinoBrotherIn
· 12-17 10:51
Just go for it💪
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否极泰来菩萨保佑
· 12-17 10:46
Skilled traders are more daring; they don't open positions at high levels. Is it safe now to be on the sidelines?
$FOLKS Current price $9.466 Short sell
Reason: FOLKS 24H decline of 38.56% and suspected capital outflow from main contracts. After breaking below the $10 key support level, no signs of stabilization appeared. Technical indicators show that bullish momentum has significantly weakened; despite whale accumulation and ecosystem upgrade catalysts, short-term market is dominated by weak capital flow. The trend is likely to continue downward within the day. In extreme volatility, short selling can capture short-term downside potential. Relaxing take-profit settings to adapt to intraday price fluctuations.