$FOGO / USDT — Short-Term Short Setup

FOGO shows rejection near the recent high after a strong impulsive move. Long upper wicks and bearish follow-through indicate short-term exhaustion and profit-taking. Price is struggling to hold above the 0.0415–0.0420 resistance zone, favoring a corrective pullback.

Trade Setup (Short)

Entry Zone:

0.0408 – 0.0420

Targets:

TP1: 0.0390

TP2: 0.0375

TP3: 0.0358

Stop-Loss:

Above 0.0435

As long as price stays below 0.0420, downside continuation is expected. This is a counter-trend short after an overextended rally. Take profits step by step and manage risk strictly.

Click below To Take Trade in

FOGO
FOGO
0.03538
-3.75%