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$FOGO (1h) - Bounce Reversal Long
Bias: Long
Entry (Zone): 0.01195 - 0.01203
Targets:
TP1: 0.01220
TP2: 0.01245
TP3: 0.01278
Stop Loss: 0.01178
Why this Setup:
I’m looking for a reclaim from the recent selloff because price is holding near short-term support after a sharp flush. I want a tight entry in this demand area with a bounce back into the prior intraday range, and I’ll scale out into the first resistance levels if momentum follows through.