Breaking the price of $FOGO the bearish structure with a violent daily candle at +24%, and it is currently trading at $0.043. Whale trading volume is exploding ($1.19 billion in 24 hours), indicating that the selling pressure from the "airdrop" has been completely absorbed by institutional buyers. On the smaller charts, the $0.040 level has shifted from resistance to a key support. We are targeting a liquidity pull at the $0.048 - $0.050 area.

FOGOUSDT

Perp

0.04222

+8.09%

Trade Details

Type: Buy / Long (Chasing Momentum)

Entry Price: $0.0425 - $0.0435

Take Profit (TP): $0.0485 (Next Sell Wall)

Stop Loss (SL): $0.0390 (Strict, below the breakout area)

Leverage: Medium (5x - 8x) – Warning of high volatility.

Risk Warning: Rapid rises are often followed by "squeezing the buyers" (Long Squeeze). Do not enter out of FOMO if you missed the price.