$FOGO EXPLOSIVE DEBUT WITH EXTREME VOLATILITY ๐๐ฅ
Newly Listed Coin | Infrastructure
FOGO just made a violent first move post-listing, ripping +130%+ in a single 4H candle, launching straight from the $0.035 base into the $0.084 high. This is classic discovery-mode price action โ no historical resistance, only raw order flow.
The massive vertical candle with heavy volume confirms aggressive buyers rushing in, typical of early listing momentum. Such moves often bring fast profit-taking and sharp wicks, which is normal behavior during initial price discovery.
Price is now hovering near the $0.082โ$0.084 zone, acting as an early balance area. Expect high volatility and rapid swings as the market searches for fair value.
This is not structure yet โ itโs discovery. Direction will be clearer once volatility compresses and a base forms.
Letโs go $FOGO โก
