Short on $FOGO , plain and simple: 0.00433 holds, 0.00400 and 0.00382 open up. 0.00463 kills it.
Why this level:
- 4H price 0.00432 above EMA50 0.00422: this is a fade against the trend, so the stop matters
- Risk 7.2% to SL vs 11.6% to TP3: about 1.6R if the full move plays out
🔴 SHORT · Entry 0.004298–0.004332 · TP 0.004128 / 0.004003 / 0.003816 · SL 0.004627
NFA · DYOR
Why this level:
- 4H price 0.00432 above EMA50 0.00422: this is a fade against the trend, so the stop matters
- Risk 7.2% to SL vs 11.6% to TP3: about 1.6R if the full move plays out
🔴 SHORT · Entry 0.004298–0.004332 · TP 0.004128 / 0.004003 / 0.003816 · SL 0.004627
NFA · DYOR