🔥 $FOGO correction — the bounce I flagged three sessions ago never held, now at a fresh low
On November 5 I called a tentative bounce off a low near $0.0022 for this Solana-aligned, low-latency trading L1. That bounce failed outright: FOGO has since made a new low at $0.002053, down 53% on the month and a brutal 90% over the past 180 days. Momentum is now reading about as oversold as the indicator goes - more extreme than when I first flagged the bounce attempt. The downtrend itself remains firmly intact and unbroken; any long here is a pure mean-reversion bet against a chart that has consistently kept making new lows, not a trend call.$LINEA $UAI
LONG
Entry: 0.00185
SL: 0.00150
TP1: 0.00230
TP2: 0.00270
TP3: 0.00320
On November 5 I called a tentative bounce off a low near $0.0022 for this Solana-aligned, low-latency trading L1. That bounce failed outright: FOGO has since made a new low at $0.002053, down 53% on the month and a brutal 90% over the past 180 days. Momentum is now reading about as oversold as the indicator goes - more extreme than when I first flagged the bounce attempt. The downtrend itself remains firmly intact and unbroken; any long here is a pure mean-reversion bet against a chart that has consistently kept making new lows, not a trend call.$LINEA $UAI
LONG
Entry: 0.00185
SL: 0.00150
TP1: 0.00230
TP2: 0.00270
TP3: 0.00320
