🎅 NAUGHTY LIST: $FOLKS SLIPS ON THE ICE ⚫
👇 CLICK ON $FOLKS TO DELIVER THE COAL
⚠️ SANTA'S DIAGNOSIS:
The Rebound is a Trap. ❄️🪤
FOLKS tried to fly back up, but the reindeer are exhausted. The recent bounce is weak and is forming a classic "Bear Flag" structure.
Rejection Confirmed: The price attempted to rally past 2.250 but failed to sustain momentum. The wicked candles show that sellers are defending these levels aggressively.
Bearish Divergence: The RSI is stuck at 40.01, failing to break into bullish territory. The red "Bear" label confirms that the internal strength is fading, paving the way for a continuation of the drop.
📉 WORKSHOP DATA ($FOLKS):
🔴 DIRECTION: SHORT (Sell the Bounce).
🧱 ENTRY ZONE: 2.235 - 2.245 (Enter at current market price).
🎯 SANTA'S TARGETS:
✅ TP1: 2.221 (Immediate Floor).
✅ TP2: 2.190 (Recent Wick Low / Liquidity).
🚀 TARGET: 2.150 (The Basement / Fresh Snow).
🛑 STOP LOSS:
SL: 2.389
📜 SANTA'S VERDICT:
Gravity wins this winter. ❄️⬇️
The big red candle earlier was the warning; this small green pause is the opportunity. Santa is betting on a slide back down to the bottom of the sack at 2.150.
👇 Shorting the slip? Click on $FOLKS
#Folks #Santa_DeFi