🔥$FOGO Bullish but approaching key resistance
• Price has made a remarkable 19.43% gain in 24h, breaking through multiple resistance levels. It's now testing the Resistance 0.04092 after reaching the 24h high of 0.0409.
• The proximity to the psychological 0.041 level creates a natural barrier.
• Support is well-defined at 0.0374, which aligns with the MA20, providing a strong foundation.
• Short timeframes (2H: +563k, 30m: +202k) show recent contract inflows, indicating renewed leverage interest at current levels.
Entry long $FOGO
• Aggressive: Current levels 0.0405-0.0407 with tight stop
• Conservative: Wait for pullback to 0.0385-0.0390 (near MA5/MA10 confluence)
Stop Loss: 0.0391 if entering at 0.0405, placed below the key support and MA20
Target Price $FOGO
• Primary at 0.0426
• Secondary: 0.0444 (resistance)
Support me just Click below to Trade 👇 Cheers
#fogo #fogousdt