The 15m Relative Strength Index (RSI) for $FOGO has reached 21, signaling an extreme oversold condition. Is this a potential setup for a breakdown or an oversold bounce?

---
$FOGO /USDT - SHORT 📉

Trade Plan:
Entry: 0.018167 – 0.018241
SL: 0.018561
TP1: 0.017936
TP2: 0.017758
TP3: 0.017491

---
This SHORT setup is based on the extreme oversold RSI (21) on the 15m chart, observed within the daily range. We anticipate a rejection from the top of the 1D range, targeting TP1 initially.

---
Observe how this develops. Is the market setting up for a corrective bounce, or is this the beginning of a larger downward move?

---
Click here to Trade 👇️
(FOGOUSDT)