$FOGO
๐ FOGO 4H Chart Update โ Binance (FOGO/USDT)
Current Price: Around ~$0.037-$0.038 (FOGO/USDT) on Binance spot and futures. ๏ฟฝ
coinglass
After listing and some early volatility, price has been consolidating sideways in the short term, finding support and resistance in tight ranges recently. ๏ฟฝ
Binance
๐ Key Levels to Watch (4H)
๐ก Support Zones
$0.0350 โ $0.0360 โ Strong short-term support; major demand zone for buyers. ๏ฟฝ
Binance
$0.0330 โ A deeper support if lower lows are printed. ๏ฟฝ
Binance
๐ง Resistance Zones
$0.0380 โ $0.0400 โ Immediate resistance on the 4H chart โ break above can signal a fresh leg up. ๏ฟฝ
Binance
$0.0450 โ Next major resistance before a bullish breakout continuation. ๏ฟฝ
CoinMarketCap
๐ Trading Strategy: Entry & Exit Points
๐ข Bullish Swing (Long)
โ Entry:
Aggressive: Enter near $0.0360 with tight stops (lower timeframe confirmation). ๏ฟฝ
Binance
Conservative: Wait for a close above $0.0380 on the 4H candle as confirmation. ๏ฟฝ
Binance
๐ฏ Profit Targets:
1st Target: $0.040 โ $0.042
2nd Target: $0.045+ if volume and momentum increase.
๐ Stop-Loss:
Below $0.0345-$0.0350 zone (limits risk on break of support).
๐ด Bearish or Pullback Play
โ Entry (Short/Sell):
If price fails near $0.040 and shows rejection candle patterns.
Or on breakdown below $0.0350.
๐ฏ Profit Targets (Downside):
$0.0330
$0.0310-$0.0300 if trend weakens.
๐ Stop-Loss (for shorts):
Above $0.040-$0.042 after rejection.
๐ Technical Sentiment Snapshot
Overall technical indicators on 4H show mixed-to-neutral signals with room for either breakout or continuation of consolidation โ no clear strong trend yet. ๏ฟฝ
LBank
Moving averages slightly lean bullish but oscillators are not strongly trending. ๏ฟฝ
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