$FOGO /USDT – Bearish Structure Breakdown
$FOGO has shifted into a bearish market structure after failing to hold the recent impulse high. Price is printing lower highs and lower lows, indicating sellers are gaining control. The rejection from the upper resistance zone confirms weakening bullish momentum and increases the probability of further downside.
Short Entry Zone:0.0435 – 0.0445
TP1: 0.0415
TP2: 0.0400
TP3: 0.0385
Stop Loss:
FOGOUSDT
Perp
0.03535
-8.68%