🔥 $FOGO /USDT — 🔴 SHORT · Conf 85%
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📍 Entry: 0.0019840 – 0.0019960

🛑 SL: 0.0020950

🎯 TP1: 0.0018905
✅ TP2: 0.0018109
🏆 TP3: 0.0016915
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🔎 Clean 1H staircase of lower highs from 0.00244 with price pinned at the 24h low of 0.00198; the 70.56% bid share in the book is the only thing arguing against it.

🧠 $FOGO : an SVM-compatible Layer 1 built on the Firedancer client for fast blocks; risk is that 90D is -77.31% and there's no 1Y history yet.

💬 Does speed alone create demand for another SVM L1, or does Solana already own that trade?

#FOGO #SVM #Layer1 #SOL #perp