$FOGO USDT PERP – Momentum Compression, Break Incoming
FOGO is trading around 0.0308 after a strong rebound from 0.0300 support. Price is now holding above MA(99) while MA(7) and MA(25) are tightly compressed, signaling a volatility squeeze.
The earlier spike to 0.03348 shows buyers are active, but current structure reflects healthy consolidation, not weakness. Volume has cooled after expansion, hinting at energy building for the next move.
Key Levels
Support: 0.0300 – 0.0298
Immediate Resistance: 0.0315
Major Break Zone: 0.0335
A clean push above 0.0315 can quickly open the door back toward 0.0335+. Losing 0.0300 would delay the bullish setup, but structure still favors buyers while above MA(99).
Market is quiet. The next candle may not be.
