🌕 $FOGO / USDT Perp – Tonight’s Wrap-Up
Aaj raat FOGOUSDT ne weak structure maintain kiya aur clear directional breakout establish nahi ho saka.
📉 Price Action Summary 🔹 Price MA60 (~0.02477) ke neeche trade hua → short‑term bearish bias confirmed
🔹 Range stayed tight between 0.02690 – 0.02780
🔹 0.02500 breakout nahi hua — volume bhi weak rahi
⏱ Chart ne lower highs + lower lows ka pattern continue kiya, aur relief bounce limited raha — buyers confident nahi lagay
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🪙 Key Levels (Tonight) 🟢 Support held around 0.02600 – 0.02510
🔴 Resistance remained strong near 0.02480 – 0.02700
➡️ 0.02500 Breakout Fail — short squeeze trigger nahi hua
➡️ Price ne 0.02600 briefly test kiya, but major breakdown nahi aya
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📊 Market Context Small caps like FOGO broadly weak rahi as pressure persisted — high volatility coins ne downside edges stronger show kiye.
Funding rate & open interest remained neutral to slightly bearish, jo continuation pressure ko justify karta hai.
🌜 Outcome Tonight’s move ne bullish reversal signal confirm nahi kiya. Momentum buyers thode cautious lagay aur breakout buyers absent raha.
Short‑term outlook abhi bhi range‑bound + bearish bias until clear reclaim above 0.02500 with volume.
#fogo $FOGO @Fogo Official
{future}(FOGOUSDT)