$FOGO is approaching a key resistance zone, and I'm leaning toward a potential short if sellers step in.
$FOGO /USDT SHORT SETUP 📉
🔹 Entry: 0.0082982 – 0.0083218
🛑 Stop Loss: 0.0085882
🎯 Take Profit:
• TP1: 0.0081014
• TP2: 0.0079623
• TP3: 0.0077536
Why I'm watching this setup:
• Price is testing a resistance area where buyers may start losing momentum.
• The 15m RSI is close to 61, suggesting upside strength is slowing.
• The 4H chart still shows a range-bound structure without a confirmed bullish breakout.
• Volatility remains relatively low, which often leads to a stronger move once price leaves the range.
Key level: 0.0083100
If this resistance holds and sellers take control, I expect price to revisit the 0.00810 region first, with lower targets possible if bearish momentum increases.
Always wait for confirmation before entering and manage your risk properly.
⚠️ This is my personal market view, not financial advice.
#FOGO #Crypto #BinanceSquare #trading #futures