$FOGO is consolidating in a bear flag, with the short setup focused on the next breakdown.
$FOGO /USDT — 🔴 SHORT
Entry: 0.007583 – 0.007750
SL: 0.008060
TP1: 0.007223
TP2: 0.006868
Why this setup?
* FOGO is forming a bear flag after the recent move lower.
* A breakdown from the consolidation could favor another leg down.
* A fakeout bounce toward the 15m MA25 remains possible before sellers return.
Would you short the breakdown or wait for the MA25 retest first?
short👇
$FOGO /USDT — 🔴 SHORT
Entry: 0.007583 – 0.007750
SL: 0.008060
TP1: 0.007223
TP2: 0.006868
Why this setup?
* FOGO is forming a bear flag after the recent move lower.
* A breakdown from the consolidation could favor another leg down.
* A fakeout bounce toward the 15m MA25 remains possible before sellers return.
Would you short the breakdown or wait for the MA25 retest first?
short👇