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$FOGO | 1H | Breakdown Rejection
Bias: Short
Entry Zone: 0.01218 to 0.01228
Stop Loss: 0.01258
Targets:
TP1: 0.01198
TP2: 0.01176
TP3: 0.01152
Invalidation:
Close above 0.01258
Why This Setup:
I’m seeing a weak bounce into prior resistance after a sharp selloff, with the market struggling to reclaim the breakdown area. If price keeps rejecting this zone, I expect continuation toward the next liquidity pockets below.