I'm closely watching $FOGO
FOGO
0.03823
+21.51%
right now.
Price has already made a strong and explosive move, and is currently building upward momentum slowly, which typically happens before rejection at a major resistance level.
The area from 0.60 to 0.63 is a key area to watch. If price reaches this zone and shows a clear rejection or weakness, I'll look to open a short position.
In case of rejection, a drop towards the 0.45 area is very likely, as it's the next strong demand zone below.
No blind entries.
Waiting for confirmation is key here.