š„$FOGO Clearly Bullish (Strong upward momentum)
The most recent 1h candle shows significant volume accompanying a strong bullish move (open 0.0313 to close 0.0324 ), confirming buyer conviction. Overall, the 24h volume of 3.04B is exceptionally high, supporting the validity of the price move.
Capital Flow Data: Critical bullish signal. Spot net inflow over the last 1H (+246K) and 4H (+680K) is positive, indicating real buying demand. Contract net inflow is also strongly positive over 1H (+823K, 4H (+1186088.22), and 6H (+1.8M), showing futures traders are adding long positions with leverage. This combination of spot and contract buying creates powerful upward momentum. The longer-term (3D, 5D, 7D) outflows are being overshadowed by this recent, aggressive inflow.
Entry long $FOGO : Immediate entry on a small pullback towards 0.0318 - 0.0320 (near MA5 support). Alternatively, a break and close above the 120 MA resistance at 0.0334 is a strong confirmation signal for entry.
Stop-Loss: Place at 0.0307 (below the key support at 0.029 and the MA20 dynamic support).
Target Price $FOGO : 0.0358 - 0.0364 (aligns with the resistance level 0.0364)
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