Trading Plan Short $FOGO

$FOGO rejected EMA21 on the 1h after failing to hold the upper Bollinger Band.

Entry: $0.01290-$0.01310

Stoploss: $0.01345

Targets: $0.01285 / $0.01255 / $0.01215

FOGO wicked the 0.013 resistance hard. Taker buy volume is aggressive but OI barely moved. Retail longs piled in, now trapped above current price. Funding remains slightly positive, but basis is contracting. This sets up a clean flush of weak hands. Reclaim $0.01345, short voided.

Trade $FOGO here 👇

FOGO
FOGOUSDT
0.01268
-2.68%