#fogo $FOGO
đ **FOGO/USDT 4H Update â Pullback After Strong Rally**
FOGO is currently trading around **0.02185**, down about **5.6%**, after rejecting near the recent high of **0.02388**.
đ What Happened?
âą Strong bullish move from **0.01996 â 0.02388**
âą Clear breakout with high volume
âą Now facing resistance and entering pullback phase
The latest 4H candles show selling pressure increasing, with a sharp red candle pushing price back toward the **0.0215 support zone**.
đ Key Levels to Watch:
đč Immediate Support: 0.0215
đč Major Support: 0.0200
đč Resistance: 0.0232 â 0.0238
đ Indicators Insight:
âą MACD still positive but momentum slowing
âą Volume declining compared to breakout
âą Short-term trend weakening
â ïž This looks like a healthy correction after a strong pump.
If 0.0215 holds â potential bounce.
If broken â deeper retrace toward 0.020 possible.
Market is cooling â next move depends on how price reacts at support.
Are you buying the dip or waiting for confirmation? đ
@Fogo Official
đ **FOGO/USDT 4H Update â Pullback After Strong Rally**
FOGO is currently trading around **0.02185**, down about **5.6%**, after rejecting near the recent high of **0.02388**.
đ What Happened?
âą Strong bullish move from **0.01996 â 0.02388**
âą Clear breakout with high volume
âą Now facing resistance and entering pullback phase
The latest 4H candles show selling pressure increasing, with a sharp red candle pushing price back toward the **0.0215 support zone**.
đ Key Levels to Watch:
đč Immediate Support: 0.0215
đč Major Support: 0.0200
đč Resistance: 0.0232 â 0.0238
đ Indicators Insight:
âą MACD still positive but momentum slowing
âą Volume declining compared to breakout
âą Short-term trend weakening
â ïž This looks like a healthy correction after a strong pump.
If 0.0215 holds â potential bounce.
If broken â deeper retrace toward 0.020 possible.
Market is cooling â next move depends on how price reacts at support.
Are you buying the dip or waiting for confirmation? đ
@Fogo Official