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$FOGO – Clearly Bullish (Strong Upward Momentum)
The most recent 1H candle shows significant volume on a strong bullish move (open 0.0313 → close 0.0324), confirming buyer conviction.
24H volume: 3.04B — exceptionally high, supporting the validity of the price move.
Capital Flow Data – Bullish Signal:
Spot net inflow: 1H +246K, 4H +680K → real buying demand
Contract net inflow: 1H +823K, 4H +1,186,088, 6H +1.8M → futures traders adding leveraged longs
Combined spot + contract buying = strong upward momentum
Longer-term outflows (3D, 5D, 7D) are overshadowed by recent aggressive inflows
Entry Long
$FOGO :
Buy on small pullback to 0.0318 – 0.0320 (near MA5 support)
Or on break & close above 120 MA resistance at 0.0334 → strong confirmation
Stop-Loss: 0.0307 (below key support at 0.029 & MA20)
Target Price: 0.0358 – 0.0364 (aligns with resistance at 0.0364)
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#fogo #FOGOUSDT