🔻 $FOGO SHORT BIAS — SELLERS AIM AT THE LIQUIDITY POOL BELOW 💣
Entry: 0.00850 - 0.00856 🔻
Target: 0.00845 / 0.00839 / 0.00830 📉
Stop Loss: 0.00866 🛑
📉 Price is rejecting off a supply cluster between 0.00850 and 0.00856, where seller congestion has formed a fresh order block on the lower timeframes. 🔍 The short thesis is simple — this liquidity rests atop thin bid support, and the path of least resistance points toward the 0.00830 demand shelf.
📊 Each target sits inside a prior imbalance zone, making them high-probability magnets for price to fill. With risk capped above 0.00866, the structure rewards patience over aggression. 💬 Do you think sellers can drive this straight through the first target, or will we see a retest of supply before momentum builds? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #FOGO #ShortSetup #Altcoins #Crypto
🐻 📉
Entry: 0.00850 - 0.00856 🔻
Target: 0.00845 / 0.00839 / 0.00830 📉
Stop Loss: 0.00866 🛑
📉 Price is rejecting off a supply cluster between 0.00850 and 0.00856, where seller congestion has formed a fresh order block on the lower timeframes. 🔍 The short thesis is simple — this liquidity rests atop thin bid support, and the path of least resistance points toward the 0.00830 demand shelf.
📊 Each target sits inside a prior imbalance zone, making them high-probability magnets for price to fill. With risk capped above 0.00866, the structure rewards patience over aggression. 💬 Do you think sellers can drive this straight through the first target, or will we see a retest of supply before momentum builds? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #FOGO #ShortSetup #Altcoins #Crypto
🐻 📉