#数字资产市场动态 $FOGO's recent performance is indeed worth paying attention to—after a 16.78% volume breakout, the price action revealed sustained buying absorption by the main players, which is not a panic sell-off by the bears.
Look at these key signals: 1.2 billion in trading volume coupled with a synchronized increase in open interest, which is a typical footprint of institutional entry. After the price push, there was no frantic sell-off; instead, the market showed a holding pattern, waiting for higher prices. Short-term pullbacks were quickly absorbed by buy orders, indicating that the selling pressure above has been largely cleared.
From a technical perspective, this healthy reset is expected to continue the trend. If you're interested in participating, you can watch for entry opportunities in the 0.0355-0.0360 range, with a stop-loss set at 0.0338. The initial upside targets are 0.0385, followed by 0.0410. Of course, trading always involves risks, so proper risk management is the most important.
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TokenVelocityTrauma
· 14h ago
The main force's accumulation strategy is back. Can $FOGO break through this time? It still seems to depend on whether 0.0355 can hold.
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MemeCurator
· 14h ago
Wait a minute, is this buy-side absorption real or is the main force just fooling retail investors? A trading volume of 120 million isn't particularly large.
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BoredWatcher
· 15h ago
Alright, I've heard the main force accumulation theory quite a few times.
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OnChainDetective
· 15h ago
ngl the volume spike paired with that hold pattern... suspicious tbh. traced the wallet clustering and it screams coordinated accumulation, not organic buying pressure like they're claiming
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StablecoinEnjoyer
· 15h ago
I'm tired of the usual talk about main force accumulation; every time it's said, it just ends up being cut... However, the 120 million in trading volume is indeed a bit interesting.
#数字资产市场动态 $FOGO's recent performance is indeed worth paying attention to—after a 16.78% volume breakout, the price action revealed sustained buying absorption by the main players, which is not a panic sell-off by the bears.
Look at these key signals: 1.2 billion in trading volume coupled with a synchronized increase in open interest, which is a typical footprint of institutional entry. After the price push, there was no frantic sell-off; instead, the market showed a holding pattern, waiting for higher prices. Short-term pullbacks were quickly absorbed by buy orders, indicating that the selling pressure above has been largely cleared.
From a technical perspective, this healthy reset is expected to continue the trend. If you're interested in participating, you can watch for entry opportunities in the 0.0355-0.0360 range, with a stop-loss set at 0.0338. The initial upside targets are 0.0385, followed by 0.0410. Of course, trading always involves risks, so proper risk management is the most important.