$FOGO
I’ve analyzed $FOGO on the higher timeframe, and this structure is very similar to the previous bullish setups....
After a strong impulsive rally, $FOGO went through a deep correction that flushed liquidity and brought price back into a major demand zone. Since then, selling pressure has clearly weakened.
Price is now building higher lows from the base, which signals accumulation rather than continuation to the downside. The projected path shows step-by-step expansion, with each consolidation acting as fuel for the next leg up.
As long as SUI holds this base, the bias remains bullish. Slow price action here is part of the process before expansion.
