#fogo $FOGO /USDT Alert ⚡ Cooling After the Spike?

“Hey crypto fam, FOGO is holding steady after recent volatility 👀 let’s break it down simply”

🔥 Momentum Neutral

Momentum: Range move before next expansion

1️⃣ Market Context:

FOGO saw strong activity during the recent campaign buzz ⚡. Now price is stabilizing with volume cooling down.@Fogo Official

2️⃣ Technical View:

Price trading around $0.0221

Immediate support: $0.0216–$0.0208

Stronger demand zone: $0.0200

Resistance zone: $0.0238–$0.0240

RSI(6) ~50 shows neutral momentum — neither overbought nor oversold.

3️⃣ Trading Idea:

FOGO is consolidating 🔄.

Break above $0.0240 could trigger quick upside continuation.

Loss of $0.0208 may lead to short-term pullback.

Plan:

Watch support reaction for bounce

Watch resistance breakout for momentum entry

Pro Tip:

Neutral RSI + tight range often leads to sudden volatility ⚡ Stay ready.

Trade $FOGO here 👇