$FOGO (1h) - Bearish Continuation


Bias: Short
Entry (Zone): 0.0174 - 0.0182
Targets:
TP1: 0.0170
TP2: 0.0162
TP3: 0.0150
Stop Loss: 0.0188
Why this Setup:
I’m staying short while price keeps printing lower highs and lower lows on the 1h chart. I want a rejection into the 0.0174-0.0182 area for continuation lower, with the recent bounce zone acting as resistance and the next downside support sitting below current price.

#GateSquareMayTradingShare
FOGO-2.1%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned