#fogo $FOGO /USDT Alert ⚡ Quiet Climb or Next Breakout? 👀

“Crypto fam, FOGO is slowly heating up — let’s break it down simply”

🔥 Momentum: Gradual Push

Momentum: Buyers stepping in carefully 📈

1️⃣ Market Reason

FOGO gained 0.78% today after news surfaced that a trader closed a MEGA short position with $17,800 profit. Short covering + high volume activity is keeping the token active

2️⃣ Technical View

Price trading around $0.02314 — immediate support: $0.0228–$0.0223

Stronger demand zone: $0.0218–$0.0213

Resistance: $0.0236–$0.0238

RSI(6) ~69 — approaching overbought, watch for minor pullback ⚠️

3️⃣ Trading Idea

Spot traders can look for entries near $0.0228–$0.0223

Target next push: $0.0236–$0.0238

If support breaks, deeper buy zone: $0.0218–$0.0213

Positioning hint: Volume remains strong, but avoid chasing highs

Pro Tip

When shorts close big positions, volatility increases — smart traders wait for support retests before entering 🧠

Trade $FOGO here 👇@Fogo Official