Headline: 📊 $FOGO Technical Analysis: Is the Bottom In? 🚀
$FOGO is starting to cool off after the initial post-listing drop. The price action currently looks highly buyable as it holds a fresh demand zone.
The Setup:
Structure: We’ve seen the "weak hands" flushed out. Instead of a continuous bleed, price is now consolidating, signaling sell-side absorption.
Bias: Bullish as long as the base holds. This structure favors a continuation bounce.
Trade Details:
🔹 Entry Zone: 0.0408 – 0.0422
🔹 TP1: 0.0475 (First resistance)
🔹 TP2: 0.0530 (Trend continuation)
🚫 Stop Loss: 0.0390
#FOGO #CryptoTrading #TechnicalAnalysis #BinanceSquare #Layer1
$FOGO trade here 👇

FOGO
0.03787
-9.33%