$FOGO recovery from bottom, bounce from demand zone shows strength.
Position: Long ka $FOGO
Entry: 0.02950 – 0.02970
Stop Loss: 0.02850
Take Profit Targets:
TP1: 0.03050
TP2: 0.03150
TP3: 0.03300
Analysis:
$FOGO is trading at 0.02959, down -9.32% but bouncing from the 0.02790 low into the demand zone (0.02959-0.03338). The chart shows price finding support at the 0.02765-0.02899 zone with a clean reversal forming. Despite the daily decline, the bounce from support suggests buyers are stepping in. Order book shows balanced buying interest. As long as price holds above 0.02900, this favors continuation toward 0.03100 and the upper demand zone at 0.03338.

FOGO
0.02078
-4.41%
