FOGO/USDT is showing signs of calm strength after a volatile move on Binance.
Price is currently trading around 0.03772 USDT, up nearly 4%, holding steady after touching 0.04098 earlier in the day.
On the 1H chart, price is sitting just above the short-term EMAs. This usually signals balance rather than aggression, buyers are defending levels, but they’re not rushing in yet. The EMAs are tightly packed, which often means the market is catching its breath before the next move.
Volume tells an interesting story. There was a strong burst of activity earlier, followed by quieter candles. That kind of volume cooldown often points to consolidation rather than weakness, traders are watching, not exiting.
From a structure perspective, 0.038–0.041 remains the zone to beat for upside continuation. On the downside, the market has shown solid defense near 0.036, with a deeper historical bounce from the 0.0335 area still standing as a key safety net.
Overall, FOGO looks like it’s in a pause phase, neither overheated nor broken. A clean push above 0.038 could invite momentum again, while a slip below EMA support may send price back into range.
Patience here matters. The next move will likely be decisive.
