$FOGO has been bleeding for a while, but that pressure is finally starting to ease.
Price has slid down into a clean demand shelf, and the behavior at the lows is changing. The selling isn’t aggressive anymore. Pushes lower are getting weaker, and buyers are starting to absorb what’s left. That’s usually how bottoms begin to form — quietly, not with fireworks.
The zone between 0.0295 and 0.0302 is where demand is showing up. This is the area buyers are watching and stepping into.
Trade idea laid out simply: Buy zone sits at 0.0295 – 0.0302
First reaction level is around 0.0318
If price builds momentum, 0.0335 comes next
A stronger bounce could stretch toward 0.0360
Risk is clearly defined below 0.0288
This is a patience trade. You wait for the zone to hold and for price to stabilize, not for instant pumps. If the demand shelf holds, the bounce has room to develop. If 0.0288 breaks, the setup is invalid and you step aside.
Right now, FOGO looks less like a falling knife and more like a market trying to find its footing.
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