$FOGO – Bearish Continuation with Pullback Opportunity
Long $FOGO
Entry Zone: $0.0262 – $0.0218
Stop-Loss: $0.0232
Targets:
Take Profit 1: $0.0199
Take Profit 2: $0.0188
Take Profit 3: $0.0175
$FOGO remains in a 4H downtrend, forming lower highs after rejecting at $0.0285. Currently, price is hovering near $0.0205, close to short-term support at $0.0199. Momentum is weak unless buyers push above key levels.
⚠️ Notes:
Price staying below $0.023 favors sellers, keeping the downtrend intact.
A decisive break above $0.023 would invalidate the bearish bias.
Patience is key – focus on pullbacks to high-probability levels for entries.
FOGO – trade smart, follow structure. 📉
FOGOUSDT
Perp
0.02127
+0.47%