$FOGO — Weak Structure, Sellers Still in Control 📉

I am watching FOGO closely for a short because the structure is clearly weak and the last leg down was aggressive. There is almost no strong recovery after the flush, which tells me sellers are still dominating this chart.

🔻 SHORT — $FOGO

Entry Zone: 0.01772 – 0.01784

Stop Loss: 0.01810

🎯 Targets:

TP1: 0.01750

TP2: 0.01725

TP3: 0.01695

The lack of recovery after the drop shows weak buyer interest. If this selling pressure continues to build, I expect another leg lower to print soon.

Bias: Bearish 📉

Plan: Staying bearish on FOGO until price proves strength and structure shifts.

Trade $FOGO here

FOGOUSDT

Perp

0.01667

-0.47%

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SIRENUSDT

Perp

1.80448

+0.54%

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