⚠️ $FOGO EXTREMELY OVERBOUGHT — SHORT SETUP ⚠️
RSI screaming 84–95 📈 — that kind of heat rarely lasts. Momentum is strong, but late longs are exposed and a fast flush is on the table.
SHORT FOGO
📍 Entry: 0.0272 – 0.0280
🛑 Stop-Loss: 0.0290
🎯 Targets:
• TP1: 0.0258
• TP2: 0.0246
• TP3: 0.0260 (bounce scalp zone)
Why this works:
Price is stretched far above MA7 / MA30
RSI exhaustion = probability of pullback
If 0.0276 rejects again and volume fades, expect a move toward 0.0236 liquidity
Lose 0.0236 ➝ downside can accelerate fast
Stay sharp. Don’t chase highs — trade the mean reversion 🩸📉
FOGOUSDT
Löpande
0.02557
-3.65%