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【$FOGO Signal】Long + Volume and Price Rise Breakout
$FOGO After a 16.78% increase in volume, a strong breakout occurs, indicating that the main force is continuously absorbing buy orders, rather than a short squeeze.
🎯 Direction: Long
🎯 Entry: 0.0355 - 0.0360
🛑 Stop Loss: 0.0338 ( Rigid Stop Loss )
🚀 Target 1: 0.0385
🚀 Target 2: 0.0410
$FOGO The breakout is accompanied by a 120 million trading volume and a simultaneous increase in open interest, which is a typical signal of main force entering the market. After the surge, there was no panic selling, and market sentiment favors holding and waiting for gains. Lower timeframe pullbacks were quickly absorbed by buy orders, indicating that selling pressure above has been effectively cleared. After a healthy reset, the trend is expected to continue.
Trade here 👇 $FOGO
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