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
FOGO
0.03787
-9.33%