📉 $FOGO Short | The "Overextended Bounce" Thesis

Execution Levels:

Entry Zone: 0.0350 – 0.0365 (Selling into the relief bounce)

Stop Loss: 0.0388 (Safety above the recent local high)

Target 1: 0.0335 (24h Volume Weighted Average Price)

Target 2: 0.0315 (Mid-range Consolidation Floor)

Target 3: 0.0295 (Major Demand Zone / Weekly Low)

Sentiment: Bearish Mean Reversion 📉

FOGO
FOGOUSDT
0.03501
-7.74%