The FOGO project has been declining steadily since the contract went live, with a maximum drop of 82%. However, there has been a clear change in the situation over the past two days. The price found a local bottom the day before yesterday and has since started to rebound. Today's performance is even more remarkable—the trading volume has begun to pick up, and the upward momentum is strengthening.
From a technical perspective, the 1-hour chart has already formed a clear upward trend. The previous downward channel has been broken, and a new upward channel is currently being constructed. This shift is not superficial; it is based on dual confirmation from trading volume and price. From the chart pattern, there is indeed an opportunity to participate here. If the current rebound momentum can be sustained in the short term, there is still room for further strength.
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XiaoyaoSect999
· 13h ago
Can't last longer than three minutes
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CryptoCrazyGF
· 18h ago
Having endured an 82% decline, I'm now a bit afraid of the rebound.
Increasing volume is a good sign, but don't let it crash again.
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ProofOfNothing
· 18h ago
82% has already fallen this much, and now you're starting to hype the rebound? I'm watching, don't fall for the same old trick of cutting the leeks again.
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ChainMemeDealer
· 18h ago
82% has fallen to ruins. Can this rebound be trusted? I'll wait and see.
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MysteriousZhang
· 18h ago
An 82% drop is indeed brutal, but whether this rebound can hold depends on what happens next. Don't just buy the dip and then sell again.
The FOGO project has been declining steadily since the contract went live, with a maximum drop of 82%. However, there has been a clear change in the situation over the past two days. The price found a local bottom the day before yesterday and has since started to rebound. Today's performance is even more remarkable—the trading volume has begun to pick up, and the upward momentum is strengthening.
From a technical perspective, the 1-hour chart has already formed a clear upward trend. The previous downward channel has been broken, and a new upward channel is currently being constructed. This shift is not superficial; it is based on dual confirmation from trading volume and price. From the chart pattern, there is indeed an opportunity to participate here. If the current rebound momentum can be sustained in the short term, there is still room for further strength.