$FOGO /USDT TECHNICAL ANALYSIS – BULLISH CONTINUATION SETUP
$FOGO /USDT is showing signs of bullish continuation after holding above key support levels. Price is trading above MA(7) and MA(25), while MA(99) acts as dynamic support, indicating overall trend alignment. The structure of higher lows with steady volume confirms buying pressure. As long as price maintains above the demand zone, the bullish trend remains valid with potential for further upside.
TRADE SETUP (LONG)
Entry Zone: 0.036 – 0.038
Stop Loss: 0.034
TARGETS:
TP1: 0.042
TP2: 0.046
TP3: 0.052
Sustained strength above support confirms bullish continuation. A breakdown below the demand area would invalidate this setup.
RISK MANAGEMENT:
Risk 1–2% of total capital per trade. Take partial profits at each target and trail stop loss to breakeven after TP1 to protect capital.
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