$FOGO just printed a sharp impulse move into a major intraday resistance zone after an aggressive upside run, which often attracts profit-taking and short-term sellers....................

Momentum is showing early signs of exhaustion near the highs, and price is struggling to sustain above the upper supply area, increasing the chances of a corrective pullback....................

As long as FOGO stays below the recent rejection zone, downside pressure can build and late longs may get trapped on the retracement..............

Trade Setup

Entry: 0.0365 – 0.0380

Target 1: 0.0350

Target 2: 0.0340

Target 3: 0.0330

Stop Loss: 0.0405