🔥
$FOGO Holding Strong — Continuation Looks Likely
After an aggressive impulse leg,
$FOGO hasn’t collapsed or retraced deeply — instead, it’s cooling off above demand, which is exactly what you want to see in a strong trend. Sellers tried to take profit, but price refused to break down. That’s a sign of control, not weakness.
This consolidation phase looks more like re-accumulation than distribution. Buyers are absorbing supply and defending the base, suggesting the market is preparing for another expansion leg once momentum re-ignites.
As long as price stays supported above the current structure, the bullish bias remains intact.
📌 Trade Plan
Entry Zone: 0.0528 – 0.0540
Stop Loss: 0.0488
Targets:
🎯 0.0605
🎯 0.0720
🎯 0.0950
Patience is key here. This is not a chase — it’s a wait-for-continuation setup. If momentum resumes, upside could accelerate fast. Manage risk, let structure guide you, and don’t overleverage.
👀 Watching closely.
#FOGOCAMPAIGN #FOGOUSDT #cryptotrading #BreakoutContinuation #altcoins