While it's key sequence specific, you can't (in genera) hit the same key faster since you can only hit it the second time after it's been released while you can hit another key while the first one is still down
Another more intuitive solution for menus with long common prefix is to simply type the next unique letter: pa or pb in
PrefixA
PrefixB
No need to type the full PrefixA
If you run out of accelerator keys, any key you type will activate an accelerator, so you wouldn't even have a way to do a sequence? So there is simply mode 2 possible
And folder hierarchies aren't stable unlike menus, so you loose precision if another folder is created /deleted.
Though if you really have to frequently use such long sequences it might be easier to add this folder to a custom favorites panel and use two keys: shortcut to invoke a panel, P accelerator for the name