$FOGO
$FOGO 3D Market Read
- Price is in a heavy bearish trend but showing possible exhaustion near the most recent low of the last swing move. I expect a potential bounce only if there is a strong bullish reversal signal after a liquidity sweep below 0.01046.
- If such a reversal forms, I would look to long after confirmation, first targeting 0.01214, then 0.01336, possibly extending to 0.01479 if momentum picks up.
- If price continues to break down and closes below 0.01046 without recovery, the bearish trend resumes and no long setup should be taken.
- Confirmation to watch for: bullish engulfing, pin bar, or reversal formation on lower timeframes right after a sweep of 0.01046, plus a break back above 0.01100. Volume spike helps.
- If price rallies and closes above 0.01672 (the equilibrium level), this would flip my bias to bullish for higher targets toward 0.01730 or 0.02078.

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#FOGO