$FOGO short 50x | A strike on the zone, the cancellation (the stop) is tight and clean.
Finally, FOGO moved into the supply zone I’d been watching—this is where the deal starts, not where it was invented. I’m already inside this short-buy deal, and it only stays valid as long as this supply ceiling holds.
Trade plan:
- Entry: 0.00896 – 0.00899
- Target 1: 0.00888 (A: M 1:0.8)
- Target 2: 0.00881 (A: M 1:1.2)
- Target 3: 0.00871 (A: M 1:2.0)
- Stop loss: 0.00911
Why this setup?
- The 4-hour structure is still defending the bearish scenario, and the bias on the daily timeframe (1D) is still downward while price is drifting through 0.00896–0.00899 near 0.00898.
- The RSI on the 15-minute timeframe at 59 tells me momentum is neutral: not oversold and not in reversal—just enough room for the downside to continue.
- Volume is the quiet signal: 3.94x speed with 210.26K traded versus 53.40K expected,
with trading speed from here 👇
$FOGO