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🔥 FOGO Update | Can It Recover From $0.038?

$FOGO is currently trading around $0.038, after a sharp pullback from its recent highs. The chart now enters a critical decision zone where buyers and sellers are testing strength.

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📉 Key Support Levels
• $0.035 – $0.034 → Major short-term support
This zone has previously acted as a demand area. Holding above it keeps the structure bullish.
• $0.030 → Last strong support
A loss of this level could invalidate the recovery scenario and increase downside pressure.

📈 Key Resistance Levels
• $0.045 → First resistance
Needs to be reclaimed for bullish momentum to continue.
• $0.055 → Major resistance
This level aligns with the previous consolidation zone.
• $0.070 – $0.097 (ATH zone)
A breakout above $0.055 could open the path toward a full ATH retest.

🧠 Market Structure Insight
• Price is still above key structural support
• Volatility remains high after the Binance listing phase
• Recovery depends on volume expansion above $0.045

🎯 Scenario Outlook
• Bullish case: Hold above $0.035 → break $0.045 → continuation toward $0.055+
• Bearish case: Lose $0.035 → potential retest of $0.030

⚠️ High volatility asset. Risk management is key.

#FOGO #Altcoins
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