๐ **FOGO/USDT: Breakout Watch** ๐
The cooldown is looking almost complete. $FOGO has been consolidating in a clean **Falling Wedge** after that massive impulsive move. We are sitting right on major support at **$0.0250**, and the RSI has reset perfectly to neutral (~42).
Iโm looking for a high-volume candle close above the upper trendline to confirm the next leg up. Patience is key hereโdon't jump in until the resistance flips to support.
๐ **BIAS:** Bullish (Post-Breakout)
๐ฏ **Entry Zone:** $0.0275 - $0.0282 (Wait for 1H candle close)
๐ **Stop Loss:** $0.0248
๐ฐ **TP1:** $0.0305
๐ฐ **TP2:** $0.0328
๐ฐ **TP3:** $0.0350+
The volume is drying up, which usually means a big move is brewing. Letโs see if the bulls can reclaim the $0.0280 level! ๐ก๏ธ
#FOGO #CryptoTrading #AylaRiz #BinanceSquare @Fogo Official $FOGO
