$FOGO Short 50x | Zone hit, invalidation is tight and clean.
FOGO has walked straight into the zone where shorts either get paid or get stopped. Position is live, but the thesis only survives if this level holds.
Trade Plan:
- Entry: 0.00901 – 0.00903
- TP1: 0.00889 (R:R 1:0.7)
- TP2: 0.00881 (R:R 1:1.2)
- TP3: 0.00868 (R:R 1:2.0)
- SL: 0.00919
Why this setup?
- The setup isn't floating in the air: 4h structure leans lower while 1D momentum stays heavy around 0.00901–0.00903.
- 15m RSI reads 56, leaving enough room for sellers to keep driving before any bounce becomes real.
- Volume backs the move—0.48x pace with 422.58K traded against the 888.20K baseline—so this isn't a quiet drift.
My call. Your execution..
Trade here 👇 and Do you sell the supply into weakness, or wait for the first rejection candle to confirm the trap?
FOGO has walked straight into the zone where shorts either get paid or get stopped. Position is live, but the thesis only survives if this level holds.
Trade Plan:
- Entry: 0.00901 – 0.00903
- TP1: 0.00889 (R:R 1:0.7)
- TP2: 0.00881 (R:R 1:1.2)
- TP3: 0.00868 (R:R 1:2.0)
- SL: 0.00919
Why this setup?
- The setup isn't floating in the air: 4h structure leans lower while 1D momentum stays heavy around 0.00901–0.00903.
- 15m RSI reads 56, leaving enough room for sellers to keep driving before any bounce becomes real.
- Volume backs the move—0.48x pace with 422.58K traded against the 888.20K baseline—so this isn't a quiet drift.
My call. Your execution..
Trade here 👇 and Do you sell the supply into weakness, or wait for the first rejection candle to confirm the trap?