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# folksfinance
496
Yunna
#FOLKSFundingRateAndDelistingConcerns Market Alert: $FOLKS Funding Rates & Delisting FUD — What You Need to Know
The $FOLKS (Folks Finance) community has been buzzing over the last 48 hours with concerns regarding extreme funding rates and circulating rumors about potential delistings. Before you react, let’s break down the data and the reality of the situation.
📉 The Funding Rate Situation
Currently, we are seeing highly unconventional funding rates for $FOLKS perpetual contracts.
The Trend: Rates have spiked significantly into the negative/positive [Insert Current %], indicating a massi
The $FOLKS (Folks Finance) community has been buzzing over the last 48 hours with concerns regarding extreme funding rates and circulating rumors about potential delistings. Before you react, let’s break down the data and the reality of the situation.
📉 The Funding Rate Situation
Currently, we are seeing highly unconventional funding rates for $FOLKS perpetual contracts.
The Trend: Rates have spiked significantly into the negative/positive [Insert Current %], indicating a massi
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$FOLKS trading at $26.22 with a +76.09% gain.
Now Big bearish candle
Next Support & Resistance Levels (based on the chart):
1. Immediate Support: around $22.71 (the recent low in the price action).
2. Next Strong Support: near $20–$21 (previous swing low area).
3. Immediate Resistance: approximately $28.93 (MA(99) level).
4. Strong Resistance: near $35–$37 (previous peak & MA(25) zone).
#folksfinance
Now Big bearish candle
Next Support & Resistance Levels (based on the chart):
1. Immediate Support: around $22.71 (the recent low in the price action).
2. Next Strong Support: near $20–$21 (previous swing low area).
3. Immediate Resistance: approximately $28.93 (MA(99) level).
4. Strong Resistance: near $35–$37 (previous peak & MA(25) zone).
#folksfinance
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Sachin1104:
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