#密码资产动态追踪 $FOLKS Signals of a rebound emerging after a sharp decline—recently, this coin's trend is quite worth analyzing.

Honestly, over the past three weeks, $FOLKS has dropped quite sharply, with a decline reaching 93%. However, since the 8th of this month, the price has stabilized and stopped falling. Looking at the 4-hour candlestick chart, a clear pattern has appeared: three consecutive tests of the low without breaking through, which is known as a triple bottom. The third bottom has just been confirmed, and now the price is gradually climbing back up.

This signal is quite interesting. After an extreme oversell, three consecutive tests of the bottom without breaking usually indicate what? The selling pressure has basically disappeared, and some traders are starting to buy in. Volatility has also noticeably contracted, and selling pressure has eased significantly. The price has already broken through some minor resistance levels from earlier, and buying momentum is picking up again.

Here are some details to watch:

· Rebound after a 93% drop indicates the oversold condition has truly been reached
· The triple bottom is confirmed, with support levels repeatedly tested
· Trading volume supports the move, and the price is gradually rising

The key now is whether it can hold above this recent small-scale high. If it can stay above, there’s a chance for further rebound. But be cautious—markets can test lows again at any time, so entries should be made in stages, and stop-losses must be strictly observed.

What do you all think? Have you noticed this pattern? How far do you think this rebound can go?