$FOGO short-term chart looks weak right now. Price is trading slightly below MA60 and momentum is slowing down after multiple lower highs.
Key levels:
Support: 0.01718 – 0.01725
Resistance: 0.01740 – 0.01746
Current structure:
Sellers still controlling short-term movement
Volume spikes appeared on red candles, showing selling pressure
Small bounce attempts are weak
Possible moves:
If price breaks below 0.01718 → more downside possible
If buyers reclaim 0.01740+ with strong volume → short recovery can happen
For scalping:
Risky long area until confirmation
Short trend currently slightly stronger on 15m timeframe
Overall bias: Bearish to sideways unless strong volume breakout appears.
❓Is $FOGO preparing for a rebound or will sellers push it lower? 🔥📉
FOGO
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