$FOGO just did that ugly little flush I only notice because I was already staring at it 👀
Caught it around 0.0075 and it felt like one of those moves where the chart is screaming before the crowd wakes up. RSI on the 4h is 24, so yeah it’s cooked short-term, but the tape is still heavy with price under the 20d and 50d. Longs paying funding while we’re 25% off the 30d high? Classic squeeze bait.
Tiny size, fast snap.
That’s it.
If it loses 0.0070 I’m stepping back and watching for the next clean reaction. If it reclaims 0.0080 with volume, then it gets interesting. Volume is already running 1.9x the 20d average, so this isn’t dead, just violent.
$BTC feels way calmer than this thing 😂
Who else is watching $FOGO?
#FOGO
#Crypto
Caught it around 0.0075 and it felt like one of those moves where the chart is screaming before the crowd wakes up. RSI on the 4h is 24, so yeah it’s cooked short-term, but the tape is still heavy with price under the 20d and 50d. Longs paying funding while we’re 25% off the 30d high? Classic squeeze bait.
Tiny size, fast snap.
That’s it.
If it loses 0.0070 I’m stepping back and watching for the next clean reaction. If it reclaims 0.0080 with volume, then it gets interesting. Volume is already running 1.9x the 20d average, so this isn’t dead, just violent.
$BTC feels way calmer than this thing 😂
Who else is watching $FOGO?
#FOGO
#Crypto