$FOGO FOGO recently moved fast and grabbed attention. The push was strong, but after that, price slowed down and started to breathe a bit. That’s normal after a sharp move.
On the short timeframe, momentum looks calmer now. This usually means the market is deciding whether it wants to continue or take a break. A quick continuation is possible, but chasing here feels risky. Looking at the wider view, the structure still looks fine. The move didn’t break down, it just cooled off. If price holds steady, another attempt upward can happen. If it fails to hold, a pullback wouldn’t be surprising either. For now, this feels like a patience zone, not a rush zone. Just a personal market view, not advice.
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$FOGO FOGO recently moved fast and grabbed attention. The push was strong, but after that, price slowed down and started to breathe a bit. That’s normal after a sharp move.
On the short timeframe, momentum looks calmer now. This usually means the market is deciding whether it wants to continue or take a break. A quick continuation is possible, but chasing here feels risky.
Looking at the wider view, the structure still looks fine. The move didn’t break down, it just cooled off. If price holds steady, another attempt upward can happen. If it fails to hold, a pullback wouldn’t be surprising either.
For now, this feels like a patience zone, not a rush zone.
Just a personal market view, not advice.