The calm RSI divergence on $FOGO /USDT is screaming what most folks refuse to see.
$FOGO - Short
Trade plan:
Entry: 0.017331 – 0.017359
SL: 0.017482
TP1: 0.017242
TP2: 0.017173
TP3: 0.017070
Why these settings?
- The 4-hour trend is a short with 55% confidence, but the 15-minute RSI is at 36.07, already in the oversold zone.
- Entry at 0.017345 with TP1 at 0.017242—just a 0.6% drop, yet the ATR is tight at 0.000161.
- Why now? The daily range trend shows no fuel for a breakout, so the path of least resistance is down to TP2 at 0.017173.
Discussion:
Is an RSI of 36 a trap before a pump, or is it a signal for a clean short continuation?
Click here to trade 👇️
$FOGO
#fogo
$FOGO - Short
Trade plan:
Entry: 0.017331 – 0.017359
SL: 0.017482
TP1: 0.017242
TP2: 0.017173
TP3: 0.017070
Why these settings?
- The 4-hour trend is a short with 55% confidence, but the 15-minute RSI is at 36.07, already in the oversold zone.
- Entry at 0.017345 with TP1 at 0.017242—just a 0.6% drop, yet the ATR is tight at 0.000161.
- Why now? The daily range trend shows no fuel for a breakout, so the path of least resistance is down to TP2 at 0.017173.
Discussion:
Is an RSI of 36 a trap before a pump, or is it a signal for a clean short continuation?
Click here to trade 👇️
$FOGO
#fogo