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$FOLKS (1h) - Pullback Short
Bias: Short
Entry (Zone): 2.52 - 2.58
Targets:
TP1: 2.42
TP2: 2.30
TP3: 2.18
Stop Loss: 2.66
Why this Setup:
I’m still looking for downside continuation after the strong rejection from the recent push into resistance. I want to sell any weak pullback that fails to reclaim the 2.60 area, since the move already showed clear seller control and room remains for a retest of the lower support levels.