$FOGO Why am I not entering a short position right now? The price continues to remain bearish in the overall structure. On the 4H, 1H, and 15M charts, the structure is weak; after losing support/EMA levels at 0.01328–0.01405, the price has generated a downward displacement. However, the current price is around 0.01267 and has approached lower support levels. Entering a short directly from here would be chasing the move. Resistance / Short retest zone: 0.01270 – 0.01285 Primary invalidation level: 0.01305 Short rationale: The primary structure remains bearish. The 0.01328–0.01405 zone has been broken. The 0.01270–0.01285 zone may act as a bearish retest or FVG area. A sell reaction from this zone would yield a cleaner short entry. Lower targets remain open at 0.01205, 0.01139, and 0.01082. Entering a short from the current price is not favorable in terms of risk/reward. The logic here is not to chase a short from the bottom, but to catch a continuation of the sell-off following a retest upward. The cleanest plan is for the price to reach the 0.01270–0.01285 zone and show a bearish rejection. Targets: TP1: 0.01205 TP2: 0.01139 TP3: 0.01082 Brief summary: A bearish rejection near 0.01270 could warrant a short entry. The 0.01285 zone should be monitored as an upper retest area. If price closes above 0.01305 on the 1M/5M charts, the short setup is invalidated. For a long, a reclaim and hold above 0.01305 is required. If price drops directly to 0.01205 without a retest, do not chase. This trade should only be monitored intraday—do not hold overnight. Final Decision: TRADE — only if price reaches the 0.01270–0.01285 retest zone AND confirms bearish rejection. #FOGO #Altcoin #Crypto #KriptoPara #Bitcoin #BTC #Piyasalar #Finans #TeknikAnaliz #Trading