Open interest -9.3% in 24h while price moved -4.8%: Short $FOGO
If the resistance at 0.00468 holds, sellers can push lower. Breaking 0.00477 invalidates the idea and may trigger buys.
The read:
- 4H price at 0.00467 below EMA50, trend favors sellers
- Daily below EMA200 at 0.01326, bigger trend down
- 1H RSI at 46: neutral momentum, room to roll over
🔴 SHORT · Entry 0.004665–0.004681 · TP 0.004615 / 0.004576 / 0.004517 · SL 0.004770
Will sellers defend the level or get squeezed?
NFA · DYOR
If the resistance at 0.00468 holds, sellers can push lower. Breaking 0.00477 invalidates the idea and may trigger buys.
The read:
- 4H price at 0.00467 below EMA50, trend favors sellers
- Daily below EMA200 at 0.01326, bigger trend down
- 1H RSI at 46: neutral momentum, room to roll over
🔴 SHORT · Entry 0.004665–0.004681 · TP 0.004615 / 0.004576 / 0.004517 · SL 0.004770
Will sellers defend the level or get squeezed?
NFA · DYOR