📈 Altcoin $FOGO — reversal pattern forming
💡 Technical scenario (Long)👇👇👇
FOGOUSDT
Perp
0.02203
+6.83%
🎯 Entry zone: 0.024 – 0.025
🎯 Targets: 0.0275 – 0.0300
⛔️ Stop-loss: below 0.0225
📊 Technical analysis
H4 bullish engulfing candle with a sharp increase in volume. RSI shows overbought conditions, while a Head & Shoulders structure and multiple level breaks indicate a potential trend reversal.