$FOGO 1H — Supply Retest Setup 🔻
FOGO rallied sharply from the 0.00579 low and pushed into the 0.00644 area before getting rejected.
Now the key is whether price retests the 0.00628–0.00638 supply zone and fails to reclaim it.
Short trigger: rejection in supply
Invalidation: sustained move above 0.00645–0.00649
Targets: 0.00616 → 0.00608 → 0.00602 → 0.00593
$FOGO
FOGO rallied sharply from the 0.00579 low and pushed into the 0.00644 area before getting rejected.
Now the key is whether price retests the 0.00628–0.00638 supply zone and fails to reclaim it.
Short trigger: rejection in supply
Invalidation: sustained move above 0.00645–0.00649
Targets: 0.00616 → 0.00608 → 0.00602 → 0.00593
$FOGO
