$FOGO — Sharp Sell-Off into Demand with Relief Bounce

$FOGO saw an aggressive flush into a clear demand zone after sustained downside pressure. The current bounce appears reactive — not yet a confirmed reversal. The structure remains weak, but short-term relief is in play as long as demand holds. Upside moves are considered corrective unless price reclaims prior breakdown levels.

Trade Setup (Relief Bounce / Short-Term Long):

🟢 Entry Zone: 0.0440 – 0.0460

🎯 Targets: 0.0485 / 0.0510 / 0.0540

⛔ Stop Loss: 0.0415

Let’s go 👉 $FOGO