$FWOG Reversal Attempt After Heavy Sell Pressure

FWOG printed a sharp leg down on the 15m after continuous selling and is currently trading at 0.01320 with a 12.89M market cap and 71,800+ holders. Liquidity is 2.68M which is relatively thin and allows fast volatility both ways.

Current price action shows an early reversal wick and a small bounce attempt. Bulls need continuation and higher lows for confirmation.

Short Term Targets

TG1: 0.01385

TG2: 0.01455

TG3: 0.01550

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FWOG
FWOG
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