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$FOGO / USDT Update
Day 2 on Binance and the volatility is real. After hitting a high of $0.097, we are seeing a healthy pullback to the $0.047 support zone.
📉 Technical Breakdown:
• Price is fighting to reclaim the MA(7) at 0.0469.
• Stabilization around $0.045 suggests the initial "listing flush" might be over.
• 3.34B Volume shows massive interest.
The @Fogo_L1 ecosystem is just getting started with their SVM-based institutional DeFi tech.
⚡️ With the "Token Fiesta" campaign live and 50M $FOGO allocated for marketing, this consolidation could be the accumulation zone before the next leg up.
👀 Watch: Break above MA(25) ($0.048) for confirmation.
Not financial advice.