Timeframe on the chart screenshot: 1 hour, futures #BİNANCE
Current data on the chart
Price: ~0,0780💲
24h High: 0,10773💲
24h Low: 0,07335💲
Drop over 24 hours: approximately –13%
Candle: sharp dump with a long body downward, then a weak rebound
1. What happened to the price
FOGO showed typical behavior for a new token:
Sharp start and pump to 0,1077💲
Immediate profit-taking by big players
Catastrophic drop to 0.0733💲
Weak attempt to stabilize around 0.078💲
This is not a "correction", but a classic dump after launch.
2. Market structure
Current structure:
Maximum: 0.1077💲
Minimum: 0.0733💲
Current consolidation zone: 0.076–0.080💲
Price is at the bottom of the range, meaning:
Most buyers are currently in the red
Selling pressure has not yet been removed
Primary token distribution is ongoing
Trend: strictly bearish after launch.
3. Key levels
Support:
0.0730–0.0740💲 — absolute minimum start
0.0700💲 — psychological level
0.0650💲 — possible "second bottom" zone
Resistance:
0.0800💲 — nearest barrier
0.0867💲 — body zone of the dump candle
0.0940💲 — middle of the drop
0.1077💲 — launch maximum
4. Volume behavior
There was a huge volume on the dump — meaning:
Retail traders did not sell, large holders did
This was a planned liquidity dump
After that, volumes dropped sharply → market is waiting
Until there's a new large volume — strong growth won't happen.
5. Trading logic for the coming weeks
Long from support (only carefully)
Entry: 0.0735–0.0750💲
Stop-Loss: 0.0705💲
Take-Profit:
TP1: 0.0800💲
TP2: 0.0865💲
TP3: 0.0940💲
This is a speculative bounce, not an investment.
Long on confirmation of strength
Condition:
Consolidation above 0.0867💲 on 1H
Entry: 0.0870–0.0890💲
Stop-Loss: 0.0820💲
Take-Profit:
TP1: 0.0940💲
TP2: 0.1010💲
TP3: 0.1077💲
6. Medium-term forecast for 2026
Realistic scenario
Typical model for new tokens:
Launch → pump → dump → prolonged sideways → second growth cycle
If the project survives:
First half of 2026:
Range: 0.060–0.095💲
Accumulation phase
With favorable news:
Breakout above 0.10💲
Growth into the 0.13–0.18💲 zone
Bearish scenario
If the project turns out to be weak:
Breakout below 0.070💲
Drop to 0.050–0.045💲
Long "dead" sideways with no interest
Optimistic scenario
If the project takes off:
Breakout above 0.1077💲
Consolidation above 0.11💲
2026 targets:
0.15💲
0.20💲
maximum: 0.25💲+
7. Main points about FOGO without fluff
Currently $FOGO is in the phase after the dump
Market is weak, bearish trend
Growth is possible only after:
accumulation of liquidity,
a sideways consolidation,
confirmed breakout above 0.0867💲
Investing blindly right now is risky
Trading can only be speculative from support
Conclusion
$FOGO — typical new token:
First pump
Then a hard dump
Currently — survival stage
By the end of 2026:
Minimum scenario: 0.05–0.09💲
Base scenario: 0.10–0.18💲
Maximum during hype: up to 0.25💲
Key control zone: 0.073💲
Key strength zone: above 0.087💲
As long as below 0.087💲 — market is weak and dangerous.
