#fogo $FOGO

Current price is 0.02405 USDT while the 24h high is 0.02461 and the 24h low is 0.02236

On the 4H chart price is trading above MA7 and MA25 while MA99 is around 0.02510 which can act as a key resistance level

RSI is near 74 indicating overbought conditions so short term momentum is upward but a pullback or consolidation can occur at any time

Volume has increased which supports the recent upward move

Key resistance is 0.02461 followed by 0.02510

Key support is 0.02320 and below that 0.02236

The current structure shows short term bullish momentum but with RSI elevated risk management is necessary.@Fogo Official

#MarketRebound

FOGO

0.02406

+6.79%

what is your opinion guys?