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#美国就业数据不及预期 $FOGO Is the short trap still a bear trap or a true bear? This big bearish candle speaks volumes
Short-term observation: not optimistic about a recent rebound
Honestly, $FOGO's recent movement has been quite frustrating for many. Look at that huge bearish candle dropping directly from 0.051 to 0.042—this thing directly destroyed the previous upward momentum. Now a rebound? I think it's just a "weak rebound," with the candlestick body so small it's pitiful. What does that indicate? The buyers have basically given up.
How are the moving averages arranged? MA7, MA25, and MA99 are all trending straight down, like a ceiling pressing down on any hope of a rebound. There are no signs of selling pressure easing—actually, it feels like there are more tricks up the sleeve. Once a bit of bad news or a slight disturbance occurs, the 0.042 level might not hold, and a new low could really appear.
If you must trade short-term, it's more reliable to short during rebounds. Being greedy to catch the bottom now carries some risk and isn't necessary—there's no need to take this falling knife.
Suggested trading directions (for reference only):
Entry zone: 0.0455 – 0.0475
Stop loss: 0.0520
Downside targets: 0.0420 – 0.0380 – 0.0320