๐จ $FOGO SHOWS HEAVY INSTITUTIONAL SELLING AFTER CLEAR STRUCTURE BREAKDOWN! ๐
Entry: 0.00635 - 0.00645 โก
Target: 0.00620 - 0.00590 ๐ฏ
Stop Loss: 0.00658 ๐
Market structure on $FOGO remains heavily biased to the downside following a decisive shift in market character below the 0.0070 pivot. ๐ Price is printing consecutive lower highs on the lower timeframes, with institutional liquidity absorbing weak retail bounces directly into the 0.00640โ0.00650 supply block.
๐ As long as sellers defend this overhead supply, expect an aggressive expansion downward to sweep lower liquidity pools. ๐ Momentum metrics confirm persistent distribution while key resistance remains intact. ๐ฌ Are you shorting this retest of supply or waiting for another structural low? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #FOGO #ShortSetup #Bearish #MarketStructure #Crypto
๐ป ๐ฉธ
Entry: 0.00635 - 0.00645 โก
Target: 0.00620 - 0.00590 ๐ฏ
Stop Loss: 0.00658 ๐
Market structure on $FOGO remains heavily biased to the downside following a decisive shift in market character below the 0.0070 pivot. ๐ Price is printing consecutive lower highs on the lower timeframes, with institutional liquidity absorbing weak retail bounces directly into the 0.00640โ0.00650 supply block.
๐ As long as sellers defend this overhead supply, expect an aggressive expansion downward to sweep lower liquidity pools. ๐ Momentum metrics confirm persistent distribution while key resistance remains intact. ๐ฌ Are you shorting this retest of supply or waiting for another structural low? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #FOGO #ShortSetup #Bearish #MarketStructure #Crypto
๐ป ๐ฉธ
