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$FOGO is showing strength after a sharp push up, but price is now cooling off near key levels.
Spot demand sits around 0.0355 – 0.0360, which aligns with the recent base and moving average support.
As long as this zone holds, the structure remains healthy and buyers stay in control.
On the upside, resistance is clearly defined around 0.0410 – 0.0420, where price faced rejection after the impulse move.
A clean break above this area could trigger another leg higher, while rejection may lead to consolidation back into the spot zone.