📈 FOGO/USDT Showing Constructive Momentum on Binance
FOGO is currently trading around $0.02307, holding intraday gains of approximately +5%, with price action demonstrating short-term strength on the 15m timeframe.
Key Observations:
• Price rebounded cleanly from the $0.0218 support zone
• Short-term moving averages (MA7 / MA25) have been reclaimed
• RSI trending in bullish territory, reflecting strong buying pressure
• Volume expansion accompanying the recent upward move
The structure suggests improving short-term momentum, with price approaching the recent local high near $0.0235. A sustained hold above current levels, supported by continued volume, could open the path for further upside continuation.
While elevated RSI levels indicate strong momentum, traders should monitor volume consistency and reaction around local resistance for confirmation.
Overall, FOGO is displaying constructive technical positioning within the current session.