#fogo $FOGO #FogoChain
$FOGO /USDT on the 4H timeframe is showing strong bullish momentum. Price is currently around 0.02411 after tapping a recent high near 0.02513, printing higher highs and higher lows. The Parabolic SAR remains below price, signaling continuation of the uptrend. Volume expanded on the latest push upward, confirming buyer strength. However, the recent red candle near resistance suggests short-term profit taking. Immediate resistance sits around 0.02520–0.02540, while support is forming near 0.02350 and stronger support around 0.02250. As long as price holds above 0.02300, bulls maintain control. A breakout above 0.02540 could trigger another leg higher, while a drop below 0.02250 may shift short-term momentum bearish. Watch volume closely for confirmation of the next move.