#fogo $FOGO @FOGO
$FOGO/USDT Technical Update 📊🔥
$FOGO currently trading around 0.02724, up nearly +4% on the day. Strong momentum after bouncing from 0.0235 and pushing to a recent high of 0.02829.
🔎 Chart Breakdown (1H timeframe):
• Clear impulsive move up followed by healthy consolidation
• Price holding above SAR (0.02648) – bullish bias intact
• Higher lows forming after the spike
• Volume expanded on breakout, cooling during consolidation (healthy structure)
📈 Key Levels:
• Resistance: 0.0283 (recent high)
• Break above = potential continuation toward 0.0295–0.0300
• Support: 0.0264 area
• Strong support: 0.0258
Momentum looks constructive as long as price holds above 0.0264. A clean breakout over 0.0283 could trigger the next leg up.
Watching for volume confirmation on breakout 👀
#FOGO #Crypto #Altcoins #Binance $USDT