$FOGO — Market Update
Bias: Long $FOGO
Trade Setup
Entry: 0.043 – 0.045
Stop Loss: 0.041
TP1: 0.048
TP2: 0.052
TP3: 0.058
Market Insight
Price reacted at the 0.040 demand zone after sweeping liquidity below the 0.036 lows. The advance above recent swing highs is impulsive, supported by volume expansion and buyer absorption, reflecting a momentum shift and structure break. Sellers show exhaustion following the post-ATH corrective phase.
The setup invalidates on acceptance below 0.041. It offers favorable risk-to-reward by aligning risk with recent structure while targeting upside liquidity pools.
Watching how price reacts at this level, execution matters.
Levels based on structure and momentum, not prediction.
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