Asset: $FOGO
Direction: LONG
Selling pressure has weakened near the support zone, with evidence of buyer absorption rather than panic selling. Price failed to achieve downside continuation, and momentum is beginning to stabilize. Structure favors a rebound as long as this demand area remains intact.
Entry Zone: 0.034-0.35
Stop Loss: 0.03150
Targets:
TP1: 0.0365
TP2: 0.0397
TP3: 0.0439
Invalidation: A sustained move below 0.0319 would negate the setup.
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