Take Profit: TP1: 0.0275 TP2: 0.0265 TP3: 0.0252 TP4: 0.0240
Why this setup: Price made a fast breakout into resistance followed by rejection candle, showing buyers losing momentum. RSI is elevated after strong move which increases probability of short term pullback. After impulsive rallies, liquidity grabs often lead to retrace toward moving averages, making short entries near resistance more favorable.
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$FOGO showing rejection near local resistance after strong push up 📉
Go short on $FOGO /USDT now
FOGO/USDT short setup (4h)
Entry Zone: 0.02884 – 0.0296
Stop-Loss: 0.0350
Take Profit:
TP1: 0.0275
TP2: 0.0265
TP3: 0.0252
TP4: 0.0240
Why this setup:
Price made a fast breakout into resistance followed by rejection candle, showing buyers losing momentum. RSI is elevated after strong move which increases probability of short term pullback. After impulsive rallies, liquidity grabs often lead to retrace toward moving averages, making short entries near resistance more favorable.
Trade $FOGO here 👇
{future}(FOGOUSDT)
#fogo @fogo