🔴 $FOGO SLAMS INTO MAJOR OVERHEAD SUPPLY AS BEARS STEP IN TO DEFEND! 🔻
Entry: 0.00902 - 0.00906 ⚡
Target: 0.00867 🎯
Stop Loss: 0.00923 ⚠️
📌 Price just tapped straight into a major overhead supply zone, giving sellers a clean line in the sand to defend. Order flow shows buyer momentum getting exhausted right at resistance while short positioning builds up around these levels. 📊
⚡ With risk tightly defined above the invalidation level, this setup opens a clean path toward lower liquidity targets. If this resistance ceiling continues to hold, the downward momentum can unfold rapidly. 💡
💬 Are you taking the short off this supply rejection or waiting for a deeper sweep? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #FOGO #ShortSetup #Altcoins #Crypto
🔴 📉
Entry: 0.00902 - 0.00906 ⚡
Target: 0.00867 🎯
Stop Loss: 0.00923 ⚠️
📌 Price just tapped straight into a major overhead supply zone, giving sellers a clean line in the sand to defend. Order flow shows buyer momentum getting exhausted right at resistance while short positioning builds up around these levels. 📊
⚡ With risk tightly defined above the invalidation level, this setup opens a clean path toward lower liquidity targets. If this resistance ceiling continues to hold, the downward momentum can unfold rapidly. 💡
💬 Are you taking the short off this supply rejection or waiting for a deeper sweep? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #FOGO #ShortSetup #Altcoins #Crypto
🔴 📉
