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$FOGO funding went CRAZY - here's the play! We're seeing Low / Thin📉volume and a lack of direction from the EMA200, but the MACD histogram is giving us a hint of momentum at 0.0010. This is a recipe for a wild ride, folks! The volatility is Extreme (7.95%), so buckle up!🐋
FOGO | LONG🟢
💰Price: $0.03
📊Market Dashboard:
• Vol: $150.95M | OI: $8.34M
• Range: 0.03 - 0.04
• Funding: -0.0006%
• Mark: 0.03413937 | Index: 0.03419304
🎯Entry Zone: 0.0335 - 0.0338 (Below current price, waiting for a pullback to confirm the trend)
🛑Stop Loss: 0.0325 (Calculation: 1.5x ATR (0.0027) below the entry zone, adjusted for market context)
💰Targets:
1. 0.0355 (TP1: Safe, above the recent swing high)
2. 0.0375 (TP2: Swing, targeting the upper range of the recent volatility)
3. 0.0420 (TP3: Moonbag, aiming for a breakout above the recent highs)
⚖️Leverage: Cross 5x-7x (Adjusted for Extreme (7.95%) Volatility)
🔑Key Drivers:
- Low / Thin📉volume
- Extreme (7.95%) volatility
- MACD histogram indicating momentum
⚠️RISK WARNING: High leverage = High risk. Manage your bankroll!
⚠️CTA:
👉Tap the chart to see where the whales are hiding🐋
#FOGOSURGE #cryptotrading #VolatilityMastery