kodidafu

After reviewing $FOGO across multiple timeframes, the current structure is becoming increasingly constructive. On the 15m chart, we’ve seen a decisive breakout above the 0.027 zone with expanding volume and consecutive higher lows — a classic short-term momentum continuation pattern. Pullbacks are shallow, suggesting buyers are defending aggressively rather than distributing.
Zooming out to the 1H timeframe, price has reclaimed key short-term moving averages and flipped prior resistance into support. This shift in market structure signals that the recent rally is not just a liquidity spike but potentially the beginning of a broader bullish leg. If 0.028–0.029 gets cleared with strong follow-through, we could see momentum accelerate quickly.
On the higher timeframe structure, $FOGO has been basing after an extended drawdown. Compression + volume expansion often precede volatility expansion. If this base confirms, the risk/reward for swing positioning becomes increasingly attractive.
Momentum traders are stepping in, funding remains relatively stable, and sentiment is improving. Eyes on continuation and breakout validation.
@Fogo Official #fogo