avatarRJ Trader
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$FOGO Short 50x | Planned zone hit, position is live.

FOGO has finally stepped into the zone where the short thesis turns from theory into execution. I’m only in because the risk is defined; if supply breaks down, the trade is invalid.

Trade Plan:

- Entry: 0.00825 – 0.00827

- TP1: 0.00818 (R:R 1:0.7)

- TP2: 0.00812 (R:R 1:1.3)

- TP3: 0.00804 (R:R 1:2.0)

- SL: 0.00836

Why this setup?

- The setup isn’t floating in a vacuum: 4h structure is stacked against price while 1D stays heavy near 0.00825–0.00827.

- 15m RSI at 30 leaves room for downside only if sellers defend the zone—no chase, just patience.

- The tape supports the move: 4.00x pace with 3.12M traded versus 780.17K

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