🔥 $FOGO Momentum Shift — Early Trend Development
After a prolonged low-volatility phase, $FOGO has printed a sharp impulsive move from the lows. Price is now pulling back slightly, which is normal behavior after a fast expansion. What matters is that the structure remains intact.
📊 Volume Insight
• Breakout was backed by strong buy volume
• Current pullback shows weak selling pressure
• No signs of aggressive distribution yet
This suggests buyers are still in control while the market digests the move.
📈 Trade Bias: Cautiously Bullish
Preferred Entry (Pullback Buy):
0.050 – 0.048
Stop-Loss:
Below 0.045 (structure invalidation)
Targets:
• TP1: 0.060
• TP2: 0.070
• Extension: 0.085+ (only if volume expands again)
🧠 Market Logic
This is not a chase setup. Strength was already shown. The safer play is patience and letting price come to you. If volume confirms on the next push, continuation becomes more likely.
Risk management > excitement.
Let the chart do the talking.
💬 Trader question:
Are you waiting for the pullback, or already watching confirmation?
#FOGO #Altcoins #MarketStructure #CryptoTrading #RiskManagement
