#fogo FOGO /USDT Alert ⚡ Oversold Bounce Loading? 👀🔥
“Crypto fam, FOGO just cooled down, let’s break it down simply”
🔥 Momentum: Short-Term Dip
Momentum: Sellers exhausted, bounce potential building 📉➡️📈
1️⃣ Market Reason
FOGO is up 1.22% but recently pulled back from the $0.0269 high. Market cooling after strong volatility while Binance ecosystem updates keep attention on infrastructure tokens
2️⃣ Technical View
Price trading around $0.02481 — immediate support: $0.0244–$0.0240
Stronger demand zone: $0.0239–$0.0231
Resistance: $0.0255–$0.0263
RSI(6) ~26 — deeply oversold ⚠️ bounce setup possible
3️⃣ Trading Idea
Watch $0.0244–$0.0240 for stabilization
Bounce target: $0.0255 area
If recovery strengthens, $0.0263 comes into play
Positioning hint: Oversold levels favor short-term rebound plays@Fogo Official
Pro Tip
When RSI drops below 30 with strong volume, sharp relief bounces often follow — timing matters 🧠
Trade $FOGO here 👇
