$FOLKS saw a $1.8165K long liquidation at $2.03206. This shows some leveraged buyers were caught on the downside.
The $2.00–$2.04 range is the key area I’d monitor for a possible recovery attempt.
Trading Setup:
Entry: $2.00–$2.04
Targets: $2.10–$2.20
Stop: $1.96
Bias: Cautious recovery
Risk Management: Keep the position small until buyers show a clear response around support.
Disclaimer: This is my personal market view and not financial advice.
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