$FOGO
is showing SELL liquidation around $0.005326, with sellers pressing into the current support area. The immediate battle is whether $0.0053 can absorb the selling pressure.
A move back above $0.0055 would give buyers room to recover, while losing $0.0051 would keep the bearish momentum active.
EP: $0.00528 – $0.00538
TP: $0.00560 / $0.00590 / $0.00630
SL: $0.00505
$FOGO is sitting on a thin support line defend it and the bounce can ignite, lose it and the pressure increases.
is showing SELL liquidation around $0.005326, with sellers pressing into the current support area. The immediate battle is whether $0.0053 can absorb the selling pressure.
A move back above $0.0055 would give buyers room to recover, while losing $0.0051 would keep the bearish momentum active.
EP: $0.00528 – $0.00538
TP: $0.00560 / $0.00590 / $0.00630
SL: $0.00505
$FOGO is sitting on a thin support line defend it and the bounce can ignite, lose it and the pressure increases.