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$FOGO (1h) - Range Short
Bias: Short
Entry (Zone): 0.01442 - 0.01448
Targets:
TP1: 0.01428
TP2: 0.01412
TP3: 0.01395
Stop Loss: 0.01466
Why this Setup:
I’m treating the current push into resistance as a fade setup, since price is stalling after the recent impulse higher and repeatedly rejecting the same overhead area. I want to short the upper edge of the range and look for a move back into the mid-range first, then a deeper retrace if momentum keeps weakening.