$FOGO is pressing against resistance with overheated RSI — breakout or bull trap, no middle ground.
🔻SHORT $FOGO
Entry: 0.0270–0.0275
Stoploss: 0.0292
targets: 0.0250–0.0230–0.0210
RSI7 near 70 signals exhaustion on 1H, while price sits slightly below SMA7 — weak continuation signal. Though MACD is positive, momentum needs a strong volume push above 0.0275 to sustain. Failure here likely triggers profit-taking toward 0.024 support. Risk stays tight above 0.029.
Trade $FOGO here 👇
FOGOUSDT
Perp
0.02745
+12.08%