📉 Insider moves｜FOGO drops 16.1% in 24 hours; the open interest rises 10.6% in the past 4 hours. Current price is close to the 24-hour low

📊 Open interest (4H) +10.6%
Price (24H) -16.1%
Active buy/sell ratio 1.45
Current price 0.0076

💡 Even after falling to this level, they’re still adding short positions—not catching the bottom
Yet the buy-side ratio is still 1.45—there are people at the low levels aggressively eating sell orders
The broader market hasn’t dropped as much during the same period; FOGO underperforms by 14.7 percentage points

🎯 Right now, adding shorts and eating sell orders are two different groups of people
Current price 0.0076, just one step away from the low 0.007217
Break 0.007217 first—then it can still rebound back to 0.009181; open interest will decide

⚠️ Personal views only—no investment advice

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