When volatility spikes…
but structure still holds —
That’s not weakness.
That’s controlled accumulation. 👀
$FOGO has been compressing inside a tight range 📊
And the lack of aggressive downside continuation suggests
supply absorption, not distribution.
Big difference.
If participation expands with a structural break,
@Fogo Official could shift from consolidation → expansion very fast ⚡
And when expansion begins…
the #FOGO momentum narrative writes itself 🔥
Smart money watches structure.
Retail chases candles.
Which side are you on? 👀💎