$FOGO Short 50x | Sellers own this level, and the line in the sand is clear.
FOGO finally pressed into the short zone I mapped, where the invalidation stays tight and honest. I’m live in this trade, but it only works if sellers defend the zone without hesitation.
Trade Plan:
- Entry: 0.00860 – 0.00861
- TP1: 0.00856 (R:R 1:0.7)
- TP2: 0.00852 (R:R 1:1.2)
- TP3: 0.00847 (R:R 1:2.0)
- SL: 0.00867
Why this setup?
- The setup is intact because 4h structure and the bearish daily bias are both aligning right at 0.00860–0.00861.
- 15m RSI at 38 leaves enough downside room for sellers, but the zone has to hold.
- Volume backs the move: 4.00x with 873.44K against 218.36K expected—this isn’t a hollow bounce.
My call. Your execution..
Trade here 👇 and Is this the moment to press the short, or does the zone still need one more test before conviction?
FOGO finally pressed into the short zone I mapped, where the invalidation stays tight and honest. I’m live in this trade, but it only works if sellers defend the zone without hesitation.
Trade Plan:
- Entry: 0.00860 – 0.00861
- TP1: 0.00856 (R:R 1:0.7)
- TP2: 0.00852 (R:R 1:1.2)
- TP3: 0.00847 (R:R 1:2.0)
- SL: 0.00867
Why this setup?
- The setup is intact because 4h structure and the bearish daily bias are both aligning right at 0.00860–0.00861.
- 15m RSI at 38 leaves enough downside room for sellers, but the zone has to hold.
- Volume backs the move: 4.00x with 873.44K against 218.36K expected—this isn’t a hollow bounce.
My call. Your execution..
Trade here 👇 and Is this the moment to press the short, or does the zone still need one more test before conviction?