#fogo
$FOGO /USDT Alert ⚡ Breakout Loading or Short Squeeze? 👀🔥
“Crypto fam, FOGO is heating up fast — let’s break it down simply”
🔥 Momentum: Strong Push
Momentum: Buyers dominating with heavy volume 🚀
1️⃣ Market Reason
FOGO jumped 7.62% as massive volume kicked in and short pressure eased after a trader closed a large short position. Momentum traders are stepping in aggressively
2️⃣ Technical View
Price trading around $0.02486 — immediate support: $0.0243–$0.0236
Stronger demand zone: $0.0229–$0.0222
Resistance: $0.0250 area
RSI(6) ~79 — near overbought, slight cooldown possible ⚠️
3️⃣ Trading Idea
Avoid chasing at highs
Watch $0.0243–$0.0236 for healthy pullback entry
If breakout holds above $0.0250, continuation possible
Positioning hint: Strong volume favors bulls but manage risk
Pro Tip
High volume + short squeeze momentum can extend rallies — but smart entries come on pullbacks 🧠@Fogo Official
Trade $FOGO here 👇