$FOGO Short-term (intraday / next few sessions): Mildly constructive / neutral-bullish while price holds above the recent bounce lows (~0.00830). A clean break and hold above ~0.00845–0.00850 would improve the odds of testing the 24h high.
Failure scenario: Loss of ~0.00830 with increasing volume would likely retest the 0.00812–0.00820 support zone.
Volume confirmation is currently weak on the upside, so the recovery so far looks more like short-covering / mean-reversion than a strong trend reversal.$FOGO #FOGO
Failure scenario: Loss of ~0.00830 with increasing volume would likely retest the 0.00812–0.00820 support zone.
Volume confirmation is currently weak on the upside, so the recovery so far looks more like short-covering / mean-reversion than a strong trend reversal.$FOGO #FOGO