🎯 FOGO/USDT SETUP: OVERSOLD BOUNCE PLAY?

Just spotted #FOGO showing interesting signals!

📊 KEY METRICS:

• Price: $0.03852 (+11% 24H)

• RSI(6): 34.15 (OVERSOLD)

• Volume: $57.93M 24H (HUGE!)

🔍 WHAT I SEE:

1️⃣ Strong bounce from $0.03463 lows

2️⃣ RSI divergence forming on lower TF

3️⃣ MA60 resistance at $0.03884 (critical!)

⚡ TRADE IDEA:

LONG around $0.03830-0.03850

TP1: $0.03950 (+4%)

TP2: $0.04050 (+7.5%)

SL: $0.03780 (risk managed)

⚠️ WATCH:

• MA60 break = acceleration zone

• Below $0.03780 = invalidates setup

• FOMO already at +11% - wait for pullback!

📈 WHY IT COULD WORK:

Oversold bounce + high volume + accumulation pattern = potential quick scalp. Not financial advice - always DYOR!

💬 QUESTION TO COMMUNITY:

Do you think FOGO breaks MA60 resistance or rejects for deeper correction? Share your charts below!

#Write2Earn #Crypto #Trading #Binance

Trade Here - $FOGO

FOGOUSDT

Perp

0.03598

+0.33%