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$FOGO Strongly Bullish — Momentum Clearly in Control
$FOGO is showing clear strength with aggressive upside momentum. The latest 1H candle closed higher with heavy volume (0.0313 → 0.0324), confirming strong buyer commitment. The massive 24H volume of 3.04B further validates the breakout move.
Capital Flow Confirmation (Very Bullish):
Spot market: Net inflows on 1H (+246K) and 4H (+680K) signal genuine demand.
Derivatives: Contract inflows remain strongly positive across 1H (+823K), 4H (+1.18M), and 6H (+1.8M), showing leveraged longs are aggressively building positions.
Although higher timeframes (3D–7D) still show outflows, the recent surge in spot + futures buying is clearly dominating and driving price higher.
📈 Trade Plan – Long
$FOGO Entry:
• Buy on a minor pullback into 0.0318 – 0.0320 (near MA5 support)
• Or enter on a confirmed break & close above 0.0334 (120 MA resistance)
Stop Loss: 0.0307 (below key structure and MA20 support)
Targets: 0.0358 – 0.0364 (major resistance zone)
Momentum, volume, and capital flow are all aligned bullishly. As long as price holds above support, continuation toward the upper resistance remains the high-probability path. 🚀
FOGOUSDT Perp | 0.03261 (+16.54%)
#FOGOTRADING #FOGOUSDT #BullishMomentum