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$FOGO (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 0.01255 - 0.01278
Targets:
TP1: 0.01220
TP2: 0.01195
TP3: 0.01165
Stop Loss: 0.01305
Why this Setup:
I’m looking for a short because price has started to fade after the recent push and is now struggling to reclaim the 0.0127 area cleanly. I want to sell into this resistance zone and aim for a pullback toward the lower support and liquidity levels if momentum stays weak.