Short
$FOGO (FOGO) Candle Chart Analysis
1. Current Price & Trend Context (Live Market)
FOGO’s price is roughly around $0.035–$0.04 range in recent markets, with noticeable short-term declines but also sizeable rebounds from recent lows.
On many live chart platforms, candlesticks show mixed short bars with wicks, indicating indecision and volatility — buyers and sellers battling around similar price levels.
2. Recent Price Action
The token recently retraced from its local highs, showing multiple downward red candles after bullish runs earlier.
There have been both higher lows and lower highs in recent days depending on the timeframe displayed — a sign of consolidation or weak trend.
Support and Resistance Area (Based on Candle Patterns)
Support: Around recent low ranges near $0.028–0.032 — candles often bounce back here after selling pressure.
Resistance: Near $0.046–$0.048, where price has repeatedly faced rejection and formed wicks on the upper part of candles.
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