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🌕 $FOGO / USDT Perp – Market Update & Technical Breakdown
Today, FOGOUSDT is trading around 0.02460, with a slight positive move (+0.94%) in the last 24 hours. However, if we look at the intraday structure, the chart clearly shows that the market is still under pressure.🔹 Price is trading below MA60 (around 0.02477) – this indicates a short-term bearish bias.
🔹 24h High: 0.02686
🔹 24h Low: 0.02407
🔹 Volume spike occurred during the recent dip – confirming selling pressure.
The chart structure is forming a lower highs + lower lows pattern. The recent bounce was weak, indicating that buyers are not currently confident.
🔍 Key Levels
🟢 Support Zone: 0.02400 – 0.02410
🔴 Resistance Zone: 0.02480 – 0.02500
🚀 If 0.02500 breaks with strong volume, a short squeeze is possible.
📉 If 0.02400 breaks down, the next target could be around 0.02350.🪙 $FOGO Coin Details
Pair: FOGOUSDT Perpetual
24h Volume (FOGO): 661.51M
24h Volume (USDT): 16.74M
High volatility coin – sharp percentage moves are possible due to its small cap nature.
Suitable for high-risk scalpers & short-term traders.

#fogo $FOGO @Fogo Official
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