$FOGO strong rebound and breakout, price is holding near highs with heavy flow
Price 0.03207
Move +4.46%
24h High 0.03266
24h Low 0.02906
Reason sharp demand rotation after the base, price ripped back above EMA 7 at 0.03150 and held above EMA 25 at 0.03076 and EMA 99 at 0.03075, volume is very high at 1.21B $FOGO with 37.36M USDT which keeps momentum active
Key Levels
Support 0.03150 then 0.03076 to 0.03075 then 0.03004 and 0.02906
Resistance 0.03266 then 0.03278
Trend bullish short term after the breakout
Trade Idea
If price holds above 0.03150 it becomes a continuation setup toward 0.03266 then 0.03278
If price loses 0.03075 then momentum cools and a pullback toward 0.03004 to 0.02906 is more likely