FOGO is crumbling below the 50‑day trendline, and the bears are taking charge. Momentum is turning sharply as the last bullish candle failed.
🔴 $FOGO SHORT 📉 — Trade Plan
• Entry: $0.007557 – $0.007573
• Stop: $0.007792 (-3.0%)
• Target 1: $0.007452 (+1.5%)
• Target 2: $0.007187 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market structure broke lower on a clear CHoCH, and the CVD turned negative confirming the sell pressure. A fresh liquidity sweep ripped through the recent swing high, exposing a bearish order block that overlaps a fair‑value gap, creating a POI confluence. With the order block and FVG aligned, the price is primed to hunt stops and push toward the next support.
A 3 % stop is relatively tight on this 1:1.7 R/R, so stay around 5‑10× leverage to keep risk manageable.
Take half the position off at the first target to lock in the early move.
Not financial advice — trade only what you can afford to lose 🙏
$FOGO #FOGOUSDT #curse #TradingSignals #Write2Earn
🔴 $FOGO SHORT 📉 — Trade Plan
• Entry: $0.007557 – $0.007573
• Stop: $0.007792 (-3.0%)
• Target 1: $0.007452 (+1.5%)
• Target 2: $0.007187 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market structure broke lower on a clear CHoCH, and the CVD turned negative confirming the sell pressure. A fresh liquidity sweep ripped through the recent swing high, exposing a bearish order block that overlaps a fair‑value gap, creating a POI confluence. With the order block and FVG aligned, the price is primed to hunt stops and push toward the next support.
A 3 % stop is relatively tight on this 1:1.7 R/R, so stay around 5‑10× leverage to keep risk manageable.
Take half the position off at the first target to lock in the early move.
Not financial advice — trade only what you can afford to lose 🙏
$FOGO #FOGOUSDT #curse #TradingSignals #Write2Earn