🚀 $FOGO Long Setup Alert, Bull Analysis

$FOGO /USDT shows a strong impulsive breakout followed by a tight 1H consolidation near the post-spike base. With buyers defending the 0.050–0.052 area, a move toward the next upside liquidity zone looks probable (high volatility environment).

📊 Market Snapshot

Timeframe Analyzed: 1H

Current Price: 0.05214

24h High: 0.09708

24h Low: 0.03500

Volume: 155.85M USDT

📌 Key Levels to Watch

Support: 0.0520, 0.0500, 0.0475, 0.0350

Resistance: 0.0550, 0.0600, 0.0971

🎯 Trade Setup

Entry Zone: 0.0515 to 0.0530

TP1: 0.0550

TP2: 0.0600

TP3: 0.0700

SL: 0.0475

⚠️ Invalidation

Setup invalid if price closes 1H below 0.0500 and fails to reclaim 0.0520.

✨ Summary

Bullish continuation is favored, but volatility is high. As long as price stays above the stated supports, the path toward 0.0700 remains in play. Watch for a break and retest above 0.0550 with volume expansion, or a sweep and reclaim of 0.0500 to confirm the next push.

FOGO

0.03807

-27.01%