$FOGO
FOGOUSDT – 1H Technical Analysis
Current price: 0.02569
Structure: Bullish continuation after higher high at 0.02686
🔍 Market Structure
• Price is trading above EMA50 & EMA100 → short-term trend bullish.
• Higher lows maintained after the pullback from 0.02686.
• Volume expansion during breakout leg confirms momentum.
• RSI(6) ~66 → strong but not extremely overbought.
Momentum is cooling slightly but structure still favors upside continuation unless 0.0246 breaks.
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📈 Trade Setup (Long Bias)
Entry: 0.0254 – 0.0256
Take Profit: 0.0268 (previous high liquidity zone)
Stop Loss: 0.0246 (below EMA cluster & intraday support)
🎯 R:R ≈ 1:2.2
Valid as long as price holds above 0.0246.
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If 0.0268 breaks with volume → next expansion zone around 0.0275+.
If 0.0246 fails → short-term structure flips bearish.