$FOGO 📊 FOGO 4H Chart Update — Binance (FOGO/USDT)
Current Price: Around ~$0.037-$0.038 (FOGO/USDT) on Binance spot and futures. �
coinglass
After listing and some early volatility, price has been consolidating sideways in the short term, finding support and resistance in tight ranges recently. �
Binance
📈 Key Levels to Watch (4H)
💡 Support Zones
$0.0350 – $0.0360 → Strong short-term support; major demand zone for buyers. �
Binance
$0.0330 → A deeper support if lower lows are printed. �
Binance
🚧 Resistance Zones
$0.0380 – $0.0400 → Immediate resistance on the 4H chart — break above can signal a fresh leg up. �
Binance
$0.0450 → Next major resistance before a bullish breakout continuation. �
CoinMarketCap
📌 Trading Strategy: Entry & Exit Points
🟢 Bullish Swing (Long)
✔ Entry:
Aggressive: Enter near $0.0360 with tight stops (lower timeframe confirmation). �
Binance
Conservative: Wait for a close above $0.0380 on the 4H candle as confirmation. �
Binance
🎯 Profit Targets:
1st Target: $0.040 – $0.042
2nd Target: $0.045+ if volume and momentum increase.
🛑 Stop-Loss:
Below $0.0345-$0.0350 zone (limits risk on break of support).
🔴 Bearish or Pullback Play
✔ Entry (Short/Sell):
If price fails near $0.040 and shows rejection candle patterns.
Or on breakdown below $0.0350.
🎯 Profit Targets (Downside):
$0.0330
$0.0310-$0.0300 if trend weakens.
🛑 Stop-Loss (for shorts):
Above $0.040-$0.042 after rejection.
📉 Technical Sentiment Snapshot
Overall technical indicators on 4H show mixed-to-neutral signals with room for either breakout or continuation of consolidation — no clear strong trend yet. �
LBank
Moving averages slightly lean bullish but oscillators are not strongly trending. �
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