$FOGO About to Get Wrecked Again? 📉

SHORT Setup Bias: Bearish continuation

Entry (Sell Zone): 0.0680 – 0.0710

TP1: 0.0625

TP2: 0.0580

TP3: 0.0520

Stop Loss: 0.0745

The trend for $FOGO is screaming bearish after that massive 28% dump from the highs 📉. We are below key support, meaning any small bounce is just a gift for sellers. Look to fade rallies hard. Watch for rejection wicks or bearish engulfing patterns on the 1H chart as confirmation. Weak volume on any upward move confirms the bears are still in control. We stay short until $FOGO can reclaim and hold above 0.075.

#CryptoTrading #ShortSetup #FOGO #BearMarket

FOGO
FOGOUSDT
0.04909
-5.75%