$FOGO / USDT — Pullback to Support | Potential Reversal Zone

FOGO has completed a healthy pullback after a sharp impulse, cooling off momentum and now reacting from a key demand zone. The recent bounce suggests sellers are losing strength, but confirmation is still needed.

Trade Setup (Long – cautious):

Entry Zone:

0.0360 – 0.0370

(accumulation near support)

Targets:

TP1: 0.0390

TP2: 0.0420

TP3: 0.0460 – 0.0480

Stop-Loss:

Below 0.0348

Bias:

Neutral → Bullish.

Bullish continuation only if price reclaims and holds above 0.0385. A strong 1H close above this level can trigger a relief rally toward prior highs. Failure to hold 0.036 invalidates the setup.

FOGO

0.02885

+2.05%