$FOGO IS REJECTING RESISTANCE — SHORT SETUP ACTIVE 🔴
Entry: 0.01295 – 0.01310 🔥
Target: 0.01260 / 0.01220 / 0.01180 🚀
Stop Loss: 0.01360 ⚠️
The rally on $FOGO has run into a hard wall. I'm seeing clear bearish rejection candles printing right at resistance, and sellers are stepping in with volume. The 1H chart shows a potential double top forming — a classic exhaustion signal.
If this level holds, the path of least resistance is down toward the first target at 0.01260. The R:R on the initial move is nearly 1:2, which makes this worth watching closely.
Are you shorting here or waiting for a lower-high confirmation?
Not financial advice. Always manage your risk.
#FOGO #ShortSetup #Bearish #ResistanceReject
💎
Entry: 0.01295 – 0.01310 🔥
Target: 0.01260 / 0.01220 / 0.01180 🚀
Stop Loss: 0.01360 ⚠️
The rally on $FOGO has run into a hard wall. I'm seeing clear bearish rejection candles printing right at resistance, and sellers are stepping in with volume. The 1H chart shows a potential double top forming — a classic exhaustion signal.
If this level holds, the path of least resistance is down toward the first target at 0.01260. The R:R on the initial move is nearly 1:2, which makes this worth watching closely.
Are you shorting here or waiting for a lower-high confirmation?
Not financial advice. Always manage your risk.
#FOGO #ShortSetup #Bearish #ResistanceReject
💎