Descending Channel Breakout 📈

$FOGO was trading inside a clear descending channel and has now shown a bullish breakout from the structure. Price bounced strongly from the 0.0386 support zone and reclaimed short-term levels with momentum.

This breakout suggests a potential trend shift or relief move after consolidation. As long as price holds above the broken channel, upside continuation toward previous resistance zones is possible. Short pullbacks can be healthy if structure remains intact.