$FOGO Long 10x | Live entry zone, stop loss strategy established.
FOGO has hit my targeted long zone, and the invalidation is clearly set. I’m already in, but the market still needs to validate this long scenario.
Trade Plan:
- Entry: 0.00677 – 0.00679
- TP1: 0.00691 (R:R 1:0.7)
- TP2: 0.00700 (R:R 1:1.2)
- TP3: 0.00714 (R:R 1:2.0)
- SL: 0.00660
Why this setup?
- The 4h chart supports a solid long setup, with a bearish 1D backdrop and price responding from 0.00677–0.00679 near 0.00678.
- The 15m RSI at 43 indicates neutral momentum, allowing for potential upside if buyers step in.
- Volume speaks volumes: 0.80x pace, with 1.06M traded against 1.32M expected, highlighting genuine buy-side interest.
Trade here 👇 and are you leaning towards a zone reaction or waiting for a candle close to confirm?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
FOGO has hit my targeted long zone, and the invalidation is clearly set. I’m already in, but the market still needs to validate this long scenario.
Trade Plan:
- Entry: 0.00677 – 0.00679
- TP1: 0.00691 (R:R 1:0.7)
- TP2: 0.00700 (R:R 1:1.2)
- TP3: 0.00714 (R:R 1:2.0)
- SL: 0.00660
Why this setup?
- The 4h chart supports a solid long setup, with a bearish 1D backdrop and price responding from 0.00677–0.00679 near 0.00678.
- The 15m RSI at 43 indicates neutral momentum, allowing for potential upside if buyers step in.
- Volume speaks volumes: 0.80x pace, with 1.06M traded against 1.32M expected, highlighting genuine buy-side interest.
Trade here 👇 and are you leaning towards a zone reaction or waiting for a candle close to confirm?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
