$FOGO long watch: 0.004335–0.004361 on the 4H
Buyers need to hold this area. It's a bounce attempt under the downtrend. I wait for their defense.
What backs it:
- 4H price at 0.00435 is below EMA50 at 0.00471, so the stop matters.
- BTC short-term trend bullish; this could help FOGO's bounce.
- Risk 4.3% to SL vs 6.9% to TP3, offering about 1.6R if the move plays out.
🟢 LONG · Entry 0.004335–0.004361 · TP 0.004460 / 0.004535 / 0.004648 · SL 0.004161
Can buyers hold this level?
NFA · DYOR
Buyers need to hold this area. It's a bounce attempt under the downtrend. I wait for their defense.
What backs it:
- 4H price at 0.00435 is below EMA50 at 0.00471, so the stop matters.
- BTC short-term trend bullish; this could help FOGO's bounce.
- Risk 4.3% to SL vs 6.9% to TP3, offering about 1.6R if the move plays out.
🟢 LONG · Entry 0.004335–0.004361 · TP 0.004460 / 0.004535 / 0.004648 · SL 0.004161
Can buyers hold this level?
NFA · DYOR