$FOGO
FOGO/USDT – Latest Market Analysis (New Listing)
Market Update
FOGO is a newly listed coin and recently saw a sharp pump after listing, hitting a high near 0.097, followed by a strong pullback. Currently, price is trading around 0.043, showing post-listing volatility and cooling momentum.
Key Levels
Support: 0.040 – 0.035 (listing base zone)
Resistance: 0.050 – 0.055
Major Resistance: 0.070 – 0.097 (listing high)
Bullish Factors
New listing hype still active
Strong volume spike during initial move
Price holding above the main listing support (0.035)
Caution Points
Early investors may continue profit-taking
Price is trading below short-term moving averages
High volatility is expected for new coins
Outlook
If FOGO holds above 0.040, a short-term bounce toward 0.050–0.055 is possible. A break below 0.035 could lead to deeper consolidation. Trend confirmation is needed before expecting another strong rally.
Summary
FOGO is in a post-listing correction phase. Short-term traders should watch support closely, while bullish continuation will require volume recovery and a reclaim of 0.050+.
⚠️ New listings are highly volatile — trade with proper risk management.