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$FOGO (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.01480 - 0.01495
Targets:
TP1: 0.01468
TP2: 0.01452
TP3: 0.01428
Stop Loss: 0.01525
Why this Setup:
I’m leaning short because FOGO is still struggling to reclaim the 0.0150 area after a sharp selloff, and the recent bounce looks weak into overhead resistance. I want a clean rejection or breakdown from this range top, with room for price to rotate back toward the prior support levels.