#fogo $FOGO
$FOGO /USDT on the 1H timeframe is trading at 0.02397, down 6.51% over the last 24 hours. Price recently bounced from the 0.02344 low, forming a short-term base, but overall structure still shows a lower high and lower low sequence. The Parabolic SAR dots remain mostly above price, signaling that bearish pressure is not fully invalidated yet. Volume picked up on the recent green candles, suggesting buyers are attempting a recovery. Immediate resistance sits near 0.02480–0.02560, while support remains at 0.02330–0.02340. A break above 0.02560 could shift short-term momentum bullish. However, failure to hold current levels may invite another retest of the recent low. Traders should watch volume confirmation before positioning.