FOGO/USDT is showing a clean recovery-to-breakout sequence on the 1H chart, with buyers stepping in decisively after the dip.
• Price is trading around 0.02192 USDT, up 6.51% on the day, maintaining an upward intraday structure.
• After tagging a low at 0.02017, price consolidated and then expanded quickly toward 0.02220, where minor wicks now suggest light profit-taking.
• On the 1-hour timeframe, price is holding above EMA(9) at 0.02154 and EMA(15) at 0.02140, confirming short-term bullish control.
• A bullish EMA crossover earlier in the session preceded this move, often a signal of momentum building before expansion.
• Trading activity is strong with 190.55M FOGO and $4.04M USDT in 24h volume. The large green volume spike aligns with the breakout from the 0.02100 zone.
• Immediate resistance sits at 0.02220, while support is forming around the 0.02140–0.02154 EMA band.
Overall, FOGO is in an active breakout phase after a healthy base. As long as price holds above the EMA support zone and volume remains elevated, the structure favors continuation toward resistance retests.
