FOLKS has performed well on the 4-hour chart, after a strong pump it is now entering an adjustment phase, testing the demand support level at $4.8. Currently, the selling pressure is gradually easing; if this price level can hold, it is expected to form a bottom area. However, if the defense line is broken, the correction trend will continue, and the rebound will have to wait a bit longer.
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MetaverseVagabond
· 5h ago
If I can't hold 4.8, I'll Cut Loss, really annoying.
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DefiEngineerJack
· 9h ago
well, *actually* the $4.8 support is just a price level—what matters is the order book microstructure and whether there's real liquidity there or just bid-ask spread theater
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LightningClicker
· 9h ago
4.8 This key level must be defended, otherwise it will fall.
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unrekt.eth
· 9h ago
If I can't hold 4.8, I'll Cut Loss, don't talk to me about bottoms.
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GasWaster69
· 9h ago
If we can't hold 4.8, we will get hit again, so watch this wave closely.
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ThreeHornBlasts
· 9h ago
If we can't hold 4.8, we will have to continue to fall. It looks a bit precarious.
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ChainDetective
· 9h ago
If it can hold at 4.8, then To da moon; if it can't hold, we can just wait a bit.
FOLKS has performed well on the 4-hour chart, after a strong pump it is now entering an adjustment phase, testing the demand support level at $4.8. Currently, the selling pressure is gradually easing; if this price level can hold, it is expected to form a bottom area. However, if the defense line is broken, the correction trend will continue, and the rebound will have to wait a bit longer.