#数字资产市场动态 FOGO/USDT Trend Review: Key Details from 15-Minute K-Line

The current market is at an interesting point. FOGO/USDT is currently quoted at 0.03107, with an 11% increase over the past 24 hours. But don’t be fooled by this gain; the focus should still be on volume and moving average performance.

**How to interpret the moving averages**

The short-term moving average (MA7) has already broken above 0.03056, showing a clear upward turn, which is a good sign. However, the mid-term moving average (MA25) is at 0.03140, and the current price is slightly below this line, creating a slight resistance. Looking at the longer term, the price remains above 0.02991, and the support from MA99 is still intact, indicating that the medium- to long-term bullish trend remains unchanged.

**Volume is the most important story**

During the previous correction, trading volume kept shrinking, which is actually a positive signal—selling pressure is gradually being released. The latest bullish candle with increased volume indicates that short-term buyers are returning. This aligns with a well-known but reliable principle: the true bottom occurs during "gradual and sustained volume expansion." We are only seeing the first volume spike now; whether volume can keep up will be crucial moving forward.

**Support and resistance layout**

Looking downward, 0.03000 is an important psychological level and also the location of the MA99. If the price pulls back to this level, it’s key to observe the buying strength. On the upside, major resistance levels are at 0.03140 (the MA25) and the previous high of 0.03354. Breaking through these levels without sufficient volume support is unlikely.

**Is this correction a shakeout or a top?**

From 0.02774, the price surged directly to 0.03354, a significant increase, followed by a volume-contraction correction. This correction has not exceeded 15%, and such "rapid rise followed by a gentle pullback" often indicates that funds are lurking, and the main players are accumulating. Coupled with the current stabilization on low volume and bullish candles with increased volume, it’s more likely a shakeout rather than a market top.

If the price can hold above MA25 and continue to show moderate volume, there’s a possibility of challenging the previous high of 0.03354. The key point is—whether volume can keep pace.