$FOGO IS HITTING A KEY RESISTANCE ZONE AND SHOWING SIGNS OF EXHAUSTION 📉
Entry: 0.196 - 0.200 🔥
Target: 0.180, 0.170, 0.160 🚀
Stop Loss: 0.205 ⚠️
The recent rally in
$FOGO is clearly losing steam as it pushes into this overhead supply zone. We are seeing a deceleration in buying volume, which often signals that sellers are preparing to step in for a retest of lower levels.
I am watching the reaction at this 0.196 level closely to see if the momentum shift holds. If the sellers defend this area, we could see a clean move back toward the 0.170 range.
Do you see this as a local top or just a brief pause?
Not financial advice. Always manage your risk.
#FOGO #ShortSetup #TradingStrategy #Crypto 🎯