$FOGO recorded a $2.4711K short liquidation at $0.00268, highlighting pressure on bearish traders. Short liquidations can contribute to upside momentum as forced buybacks enter the market.
Key Technical Levels:
Support 1: $0.00225
Support 2: $0.00200
Resistance 1: $0.00243
Resistance 2: $0.00268
Next Upside Target: $0.00290
A sustained move above $0.00268 could strengthen the bullish recovery and attract additional buying interest. If support fails, however, sellers could regain control.
Watch for a clean breakout supported by volume. The next liquidity move could be decisive.
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