📉 **FOLKSUSDT Conservative Short Strategy** 🎯
**Technical Analysis:**
Currently, FOLKSUSDT is in a clear long-term downtrend, with prices consolidating near recent lows and volatility contracting. Traders should exercise caution and wait for clear signals to appear. A key confirmation condition is if the price falls below the critical support level of $3.400 on the 4-hour chart and closes there, which may indicate the continuation of the downtrend. It is not advisable to enter the market hastily before this signal confirmation.
**Trading Plan:**
- **Entry (after confirmation):** $3.380 (wait for the price to break below $3.400 and test that level as resistance)
- **Target 1:** $3.000
- **Target 2:** $2.500
- **Stop Loss:** $3.900
**View Invalidity:** If the price closes back above $3.900, this bearish view will be invalid.
$FOLKS
