🔥 $FOGO Building Strength — Rounded Bottom in Play
$FOGO is quietly forming a clean rounded-bottom structure, a classic accumulation pattern that often precedes trend reversals. Price action is printing higher highs and steady demand at dips, suggesting that momentum is gradually shifting from sellers to buyers.
The key zone to watch is 0.024 support. As long as price holds above this level, the structure remains bullish and opens the door for a continuation toward the mid-range resistance band. A strong push with volume could accelerate the move and attract fresh momentum traders.
📊 Trade Setup:
Long $FOGO
• Entry: 0.0248 – 0.0265
• TP1: 0.0285
• TP2: 0.0310
• TP3: 0.0350
• SL: 0.0229
This setup favors gradual accumulation and breakout continuation, especially if the broader market sentiment stays constructive. Keep an eye on volume spikes and reaction at resistance levels for confirmation.
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