$FOGO /USDT BULLISH CONTINUATION OUTLOOK
FOGO is undergoing a healthy correction after a strong impulsive rally. Despite the pullback, the overall market structure remains bullish, with price holding above the major demand zone. This retracement is forming a potential higher low, signaling accumulation before the next upside expansion. A strong bounce from this zone can trigger the next leg upward toward previous resistance levels.
Trade Setup: LONG
Entry Zone: 0.044 – 0.047
Targets:
TP1: 0.059
TP2: 0.073
TP3: 0.086
TP4: 0.097
Stop Loss: 0.035
Risk Management:
Use strict position sizing, risk only a small percentage per trade, and secure partial profits at each target while trailing stop loss to protect capital.
#TechnicalAnalysis #CryptoMarket #BullishSetup #AltcoinTrading #PriceActionAnalysis $FOGO
