$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
FOGO
0.02078
-4.41%