$FOGO made a sharp impulsive move earlier, followed by a heavy correction that flushed weak hands. Price is now stabilizing near a key base, showing signs of accumulation after the volatility spike.

As long as $FOGO holds above this support zone, a continuation move toward the previous range is possible. Momentum is cooling down, which is healthy after a strong run.

Trade Setup (Long):

Entry: 0.0320 – 0.0340

Targets: 0.0380 – 0.0420 – 0.0480

Stop-Loss: 0.0295

Structure is rebuilding and buyers are defending the zone. Wait for confirmation, manage risk properly, and don’t chase green candles.

FOGO
FOGOUSDT
0.02698
+8.57%