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$FOGO | 1H | Range Rejection Short
Bias: Short
Entry Zone: 0.02120 to 0.02130
Stop Loss: 0.02158
Targets:
TP1: 0.02105
TP2: 0.02088
TP3: 0.02068
Invalidation:
Close above 0.02146
Why This Setup:
I see price losing momentum after repeated rejection from the 0.0220-0.0228 supply zone, while the latest bounce is stalling around the mid-range. I’m leaning for a rotation back toward the local lows if price fails to reclaim 0.02146 with strength.
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