@Fogo Official Fogo is showing early signs of stabilization around $0.024 after a sharp post-launch drawdown from its $0.063 all-time high, with price holding above the recent $0.023 support despite a notable 24h volume decline. Market cap strength near $92M suggests underlying interest remains, but weakening trading activity signals cautious sentiment and the risk of further consolidation before any sustained recovery. For bulls, reclaiming momentum will likely require renewed volume expansion and a push toward the $0.03 zone, while failure to defend the $0.023–$0.024 range could expose the token to another leg lower as post-launch volatility continues to define price action.
