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Most traders are leaning long on $FOGO /USDT, but the 4H chart is hinting at a possible rejection. 👀
$FOGO – SHORT
Trade Setup: 📍 Entry: 0.0090489 – 0.0090911 🛑 Stop Loss: 0.0096221
🎯 Targets: • 0.0086559 • 0.0083799 • 0.0079659
Why this trade? • The 15m RSI sits near 54.43, showing balanced momentum rather than a strong bullish push. • The daily structure remains range-bound, leaving room for a downside move. • A short from the entry zone offers an attractive risk-to-reward if price stays within the current range.
Question: Is this another liquidity grab before a drop, or will the range continue to expand?
Trade here 👇️
#GateStocksTransferLive