🚨 $FOGO /USDT: Testing Critical Lows – Breakdown Imminent?
Trading Plan: Short-Term Scalp (Bearish)
Entry Zone: $0.01598 – $0.01625
Stop Loss (SL): $0.01660
Take Profit 1 (TP1): $0.01550
Take Profit 2 (TP2): $0.01500
Market Analysis:
The 15m chart shows strong bearish momentum, with price pinned at its 24h low of $0.01595.
The MA(7) and MA(25) are sloping down, acting as heavy resistance. Selling pressure remains dominant. If this immediate support cracks, expect a quick flush down.
Trade $FOGO here 👇