$FOGO /USDT — 3M Tape Still Heavy 📉

FOGO is trading around 0.02047, down -3.6% on the day. Price just bounced off the 0.02035 floor, but the structure is still weak.

EMA stack is tight overhead:

EMA7: 0.02052

EMA25: 0.02054

EMA99: 0.02074

→ Price sitting below the entire EMA cluster = bearish short-term control.

Trend Read:

Lower highs continue printing. This bounce looks more like a pause than a reversal unless buyers reclaim the EMA zone with conviction.

⚡ Key Levels

Support: 0.02035

Resistance: 0.02060 – 0.02074

Game plan:

Lose 0.02035 → continuation lower

Reclaim 0.02060+ with volume → momentum flip potential

No rush here. Let price confirm direction.

#FOGOUST #USRetailSalesMissForecast #WhaleDeRiskETH #GoldSilverRally #BinanceBitcoinSAFUFund

FOGO
FOGOUSDT
0.02234
+7.14%