$FOGO /USDT — Momentum Holding After Sharp Breakout
FOGOUSDT
Perp
0.02505
-6.87%
has printed a strong impulsive move from the 0.036 zone to a recent high near 0.045, showing clear bullish momentum on the lower timeframe. After the spike, price is consolidating above prior resistance around 0.042–0.043, which now acts as support. As long as this zone holds, the structure favors continuation, with buyers still in control and pullbacks being absorbed rather than aggressively sold.
Trade Setup
Entry: 0.0428 – 0.0435
Target: 0.0455 / 0.0480
Stop Loss: 0.0416