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$FOGO | 1H | Trend Continuation Short
Bias: Short
Entry Zone: 0.01635 to 0.01645
Stop Loss: 0.01678
Targets:
TP1: 0.01605
TP2: 0.01572
TP3: 0.01535
Invalidation:
Close above 0.01678
Why This Setup:
I’m favoring a short continuation because the 1H structure is still making lower highs and lower lows after the sharp breakdown. I want a pullback into resistance near 0.0164, with sellers likely defending any weak recovery and aiming for the prior lows below 0.0160.
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