⚠️ $FOGO BEARISH CONTINUATION

FOGO/USDT – Perpetual

Current Price: 0.02495 🔼 +5.80%

After touching 0.02531, $FOGO is struggling to secure a clean breakout on the 1H chart. Upper wicks near resistance and slowing momentum indicate sellers are defending the zone, signaling potential downside continuation.

Trade Setup – Short Position:

• Entry Zone: 0.02491 – 0.02532

• Take Profit 1: 0.02388

• Take Profit 2: 0.02308

• Take Profit 3: 0.02228

• Stop Loss: 0.02562

📌 Notes: Wait for clear rejection at resistance before entering. Stick to proper risk management while riding this bearish setup.

FOGO
FOGOUSDT
0.02548
+4.17%