#FOGOSURGE Long Liquidation Alert

A $2.8996K long position on FOGO was liquidated at $0.03358, indicating that bullish traders were forced out as price moved against their positions.

What this means:

This liquidation reflects selling pressure strong enough to trigger leveraged longs.

Such flushes often remove weak hands, which can reduce immediate downside pressure.

The liquidation level around $0.0336 now becomes a key reaction zone.

Market outlook:

If price holds above this level, it may attract dip buyers and lead to a short-term bounce or consolidation.

Failure to reclaim or hold nearby support could result in continued downside or range-bound movement until fresh demand steps in.

Keep an eye on volume and follow-through around this zone — they’ll signal whether this move was a reset or the start of a deeper correction.#WEFDavos2026 #TrumpCancelsEUTariffThreat #WhoIsNextFedChair #TrumpTariffsOnEurope