$FOGO /USDT – Quick Technical Analysis (4H)

Trend:

Strong bullish breakout. Price is riding the upper Bollinger Band, showing momentum strength.

Indicators:

Bollinger Bands (20,2): Price above MB (0.02487) → bullish continuation bias.

MACD: Bullish crossover with rising histogram → momentum building.

Volume: Increasing → breakout is supported by buyers.

Key Levels:

Resistance: 0.0283 – 0.0290 (recent high zone)

Support: 0.0267 (upper band / breakout retest)

Strong Support: 0.0248 – 0.0250 (mid-band / MA zone)

Trade Ideas:

Long (Buy on Dip): 0.0265 – 0.0270

Targets: 0.0285 → 0.0300

Stop-Loss: below 0.0255

Breakout Buy: Above 0.0290 with volume

Targets: 0.031 – 0.033

Stop-Loss: 0.0278

Risk Note:

After a sharp move, short pullbacks are normal. Avoid chasing tops; wait for retests or confirmed breakout.