🔴I’m watching $FOGO at the exact resistance zone I wanted. Sellers are holding 0.00870–0.00873, so this is where the short thesis either proves itself or gets invalidated.

Trade Plan:
Direction: SHORT
Entry Zone: 0.00870 – 0.00873
TP1: 0.00861
TP2: 0.00853
TP3: 0.00843
Stop Loss: 0.00886

Why this setup works:
The 4H structure remains bearish, with price struggling below the 0.00870–0.00873 resistance zone. The daily structure also continues to lean lower. On the 15M chart, RSI around 56 leaves room for another push down if sellers maintain control.

Volume is also active, with around 514.73K traded versus 764.62K expected, so this isn’t simply a dead market.

I’m treating 0.00870–0.00873 as the key decision zone. Hold the resistance and the downside targets remain valid. Reclaim it strongly and I’m out at the invalidation.

The setup looks bearish, but the real question is whether this is a clean short or an early entry before a squeeze.

My call. Your execution.

$FOGO

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