FOGO regains vitality in the rebound, with the price surging to $0.053, a 3% increase. The $151M trading volume after the major exchange listing has halted the project from a 20% decline following the mainnet launch. From a technical perspective, the RSI indicator is recovering, which also validates the performance of FOGO SVM's speed layer. The upcoming trading focus is on two key levels: resistance above at $0.060 and support below at $0.050. Whether this rebound can break through the resistance zone depends on whether the trading volume can be maintained.
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ShitcoinConnoisseur
· 11h ago
A trading volume of 151M only stopped a 20% decline; this rebound seems a bit weak.
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GasFeeCrybaby
· 11h ago
A trading volume of 151M only stops the decline, indicating that retail investors are still not aggressive enough.
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blocksnark
· 12h ago
151M trading volume just to rescue the market? It depends on whether this wave can hold the 0.05 level.
FOGO regains vitality in the rebound, with the price surging to $0.053, a 3% increase. The $151M trading volume after the major exchange listing has halted the project from a 20% decline following the mainnet launch. From a technical perspective, the RSI indicator is recovering, which also validates the performance of FOGO SVM's speed layer. The upcoming trading focus is on two key levels: resistance above at $0.060 and support below at $0.050. Whether this rebound can break through the resistance zone depends on whether the trading volume can be maintained.