I’m just looking at $FIO and thinking out loud. It ran earlier, then came back down pretty fast. A lot of charts would’ve kept bleeding after that, but this one didn’t. It dipped into the mid-0.0115s and bounced right away. That part matters more to me than the pump itself.

Right now the area between 0.0116 and 0.0119 feels like the line in the sand. As long as price hangs around here and doesn’t slip back under it, the move still feels alive.

If it starts pushing again, the first place it’ll probably struggle is near 0.0123. If it gets through that, then 0.0128 is the next obvious spot people will look at. Anything beyond that depends on how the market feels, no point guessing.

If it drops under 0.0113 and stays there, then yeah, this idea is done and I’d move on.

That’s it really. Not calling anything, not hyping it. Just watching how it behaves here and letting the chart decide.