Fogo is trading like a classic high-performance L1 early-cycle setup, tight structure with volatility building under the surface. Price is holding above support around the recent base, showing buyers are still in control. Resistance sits near the last local high where momentum previously stalled. A clean breakout above resistance opens the door toward the next target zone higher, where liquidity is stacked. Stop-loss remains just below support to protect against a failed breakout. Bias stays bullish while support holds, invalidated only on a decisive breakdown.
FOGOUSDT
Perp
0.02449
+6.85%