$FOGO Short 50x | The level I mapped is now in play.
FOGO has finally stepped into the zone where the downside math lines up. The short is live, but I’m only holding if the zone confirms the rejection.
Trade Plan:
- Entry: 0.00855 – 0.00857
- TP1: 0.00850 (R:R 1:0.7)
- TP2: 0.00846 (R:R 1:1.2)
- TP3: 0.00840 (R:R 1:2.0)
- SL: 0.00864
Why this setup?
- The bearish 1D context and 4h structure are converging exactly where I planned to act.
- RSI15 at 52 is neutral, not exhausted—so there’s still room for sellers to push, and I want them to use it.
- Volume is running at 0.23x with 51.78K traded versus 226.83K expected, which tells me real sell-side pressure is already showing up.
My call. Your execution..
Trade here 👇 and When the zone is live, do you defend the entry first or let the market prove the invalidation?
FOGO has finally stepped into the zone where the downside math lines up. The short is live, but I’m only holding if the zone confirms the rejection.
Trade Plan:
- Entry: 0.00855 – 0.00857
- TP1: 0.00850 (R:R 1:0.7)
- TP2: 0.00846 (R:R 1:1.2)
- TP3: 0.00840 (R:R 1:2.0)
- SL: 0.00864
Why this setup?
- The bearish 1D context and 4h structure are converging exactly where I planned to act.
- RSI15 at 52 is neutral, not exhausted—so there’s still room for sellers to push, and I want them to use it.
- Volume is running at 0.23x with 51.78K traded versus 226.83K expected, which tells me real sell-side pressure is already showing up.
My call. Your execution..
Trade here 👇 and When the zone is live, do you defend the entry first or let the market prove the invalidation?