$FOGO pumped hard from 0.042 to 0.063, but that move was rejected and price dumped back to the 0.049 area. This zone is now acting as short-term support where selling pressure is slowing. The main resistance is at 0.052 – 0.055, while 0.046 – 0.045 is the key support below.
This is a quick reaction scalp after a dump, not a trend reversal. If support holds, a bounce toward resistance is possible. Invalidation is clear — a strong 15-minute close below 0.045 cancels the long idea.
Scalp Trade Plan
Long
Entry Zone: 0.045 – 0.041
TP1: 0.048
TP2: 0.054
Stop Loss: 0.0360
Leverage: 20x – 40x
Margin: 2% – 5%
Risk Tip: Book partial profit at TP1 and trail stop to entry
Long #FOGO Here 👇👇👇
FOGOUSDT
Perp
0.02136
-0.83%