Price Movement Alert: A strong bearish impulse has been detected for the $FOGO coin

- Pair: $FOGO /USDT
- Price at the close of the monitored candle: 0.008669
- Candle drop: -4.7%
- Price movement strength: 4.2 times higher than usual
- Trading activity: 4.3 times higher than usual

Technical data:
• RSI: 25.9
• Movement status: confirmed break of the lowest low of the last 20 candles
• On the 1-hour timeframe: the price is below the EMA 20, 50, and 200.

Analysis of higher timeframes:
• 4H: 🔴 Bearish — the last close is below EMA20/50/200; staying below them supports the bearish trend.
• 1D: 🟠 Mixed — the last close is above EMA20/50, and below EMA200. The current candle is trying to break EMA20/50 downward; we await the close below them for confirmation.

Technical summary:
• 1H: 🔴 Strong and confirmed bearish
• 4H: 🔴 Bearish
• 1D: 🟠 Mixed

Fish Hunter
Alert: This report is for personal follow-up purposes. Open the coin on multiple timeframes and determine its direction based on your own view, then place your trade. Good luck to everyone
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