Open a "short" trade now on $FOGO . The price is currently reacting exceptionally well with resistance zones, making selling from the range of 0.00666 – 0.00668 a "top-catch" before the breakdown resumes! The technical indicators maintain a clear bearish path across the larger timeframes, paving the way for a price bleed targeting the 0.00649 levels to clear the remaining liquidity! 📉🌪️
Positioning plan:
Entry range: 0.00666 – 0.00668 🎯
Stop loss (SL): 0.00677 🛡️
Targets (Take Profits):
TP1: 0.00660 💰
TP2: 0.00656 💎
TP3: 0.00649 📉
Why now?
Current data shows a noticeable shift in trading volumes (traded 727.68K), confirming sellers are participating in this zone! The Relative Strength Index (RSI) on the 15-minute timeframe is at 45, leaving ample room for sellers to continue pressing lower as long as the area is defended. The goal is to exploit the interaction with resistance to sell from the top. The hunters are waiting at the resistance zones—grab the coming drop! 🦅 Took the shot
Positioning plan:
Entry range: 0.00666 – 0.00668 🎯
Stop loss (SL): 0.00677 🛡️
Targets (Take Profits):
TP1: 0.00660 💰
TP2: 0.00656 💎
TP3: 0.00649 📉
Why now?
Current data shows a noticeable shift in trading volumes (traded 727.68K), confirming sellers are participating in this zone! The Relative Strength Index (RSI) on the 15-minute timeframe is at 45, leaving ample room for sellers to continue pressing lower as long as the area is defended. The goal is to exploit the interaction with resistance to sell from the top. The hunters are waiting at the resistance zones—grab the coming drop! 🦅 Took the shot
