$FOGO — I’m focused on this because liquidity already got cleared, sellers failed to hold control, and price started rebuilding structure from demand.

I’m not reacting to the pump. FOGO ran into the 0.049 area, flushed weak hands hard, and then found solid bids near 0.041. That wasn’t random. Buyers defended that zone cleanly and price started printing higher lows again. This tells me the downside move did its job and the market is now deciding continuation.

Market read
I’m seeing a classic liquidity sweep followed by stabilization. The drop was aggressive, but it lost momentum once demand stepped in. Since then, price has been compressing instead of breaking lower. As long as this base holds, the bias stays bullish for a relief continuation.

Entry point
I’m looking for entries around 0.0432 – 0.0442. This is the current balance zone where price is being accepted. Holding here keeps the recovery structure intact.

Target point

TP1: 0.0465 — first resistance and partial profit zone

TP2: 0.0492 — reclaim of the previous high

TP3: 0.0535 — expansion target if momentum accelerates

I’m scaling out step by step.

Stop loss
My invalidation is 0.0410. If price loses this level, the recovery fails and I exit immediately.

How it’s possible
This setup works because sell-side liquidity already got taken near the lows. After that, price reclaimed key levels and started forming higher lows. That usually signals seller exhaustion and buyer absorption. If demand continues to defend, price naturally moves back toward the liquidity resting above the highs.

Risk is defined. Structure is clear. I’m prepared.

Let’s go and Trade now $FOGO (copied)