$FOGO has been through a wild session, and the chart tells a story worth watching.
After a sharp pump, price reached a 24-hour high near 0.09708, showing aggressive interest and strong volatility. Since then, it has pulled back in a much calmer and healthier way. Right now, price is trading around 0.04120, and the most important detail is that it’s still holding above the key support near 0.03500. That matters.
Volume remains heavy at around 4.23B, and the 24H move is up 17.71%, which tells us this token is still on the radar. This isn’t dead price action — it’s digestion after a fast move.
The support zone between 0.03500 and 0.03800 is doing the job for now. As long as this area holds, the structure stays constructive. On the upside, the first real test sits in the 0.04550 to 0.05000 resistance zone, where sellers previously stepped in.
At the moment, the market is consolidating after extreme volatility. If buyers return and volume starts expanding again, a short-term rebound toward resistance is very possible. If support fails, price may continue to range or cool off further before the next move.
This is a patience game now. Let price show direction, manage risk properly, and don’t get emotional after big candles. The opportunity is in the reaction, not the chase.
Not financial advice.
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