2026-01-15 13:20:34

#数字资产市场动态 $FOGO bearish trend has been decided

Looking at this chart, the selling pressure is completely dominant. The huge drop candlestick plummeted from 0.051 straight down to 0.042, and the previous bullish pattern has been completely shattered. Currently, the rebound strength is pitifully weak, with low trading volume, and buyers have lost their enthusiasm.

The MA7, MA25, and MA99 moving averages are all trending downward, forming a solid resistance barrier. Every rebound hits a wall here. Based on this rhythm, the selling pressure is far from over—any slight disturbance could break through the 0.042 support level, and a new low could then appear.

Short-term strategy:
Entry zone: 0.0455–0.0475
Stop-loss: 0.0520
Target levels: 0.0420 → 0.0380 → 0.0320

The current market conditions are not suitable for catching rebounds. Instead of risking a bottom-fishing attempt, it’s better to wait for clear downward signals and short at the high points of rebounds, reducing risk. In this free-fall movement, the bears hold the initiative, and time is on their side.

FOGO1,76%

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JustHereForMemes

· 6h ago

The selling pressure is so fierce that the rebound is so weak, there's really little room for action... If it breaks below 0.042, it really needs to continue crashing.

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SybilAttackVictim

· 7h ago

Starting to talk about the short story again, I've heard this explanation too many times. Every time they say the support level will break, but what happens...

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LiquidationWatcher

· 7h ago

The short squeeze was really fierce this time, but can 0.042 really hold? Feels like there's still another wave to come.

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LowCapGemHunter

· 7h ago

It looks like FOGO is really about to break down. The moving average barrier is so obvious, yet it can't rebound. The bears are dominating.

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FundingMartyr

· 7h ago

Oh my, the bearish momentum is really incredible, watching the weak rebound is just uncomfortable... --- FOGO is truly hopeless this time, who dares to buy when the three lines are pressing down? --- It's another scenario of bottom-fishing being crushed, wait wait wait, and it'll be over. --- Breaking 0.042 will lead straight to 0.03, the bears are holding tight this wave. --- Instead of betting on a rebound, it's better to go with the bears, anyway, time is on their side. --- That candlestick hurt my eyes, the buying enthusiasm is completely dead. --- Is the selling pressure far from over? Just hearing it makes me want to short, haha. --- Support levels will break sooner or later, bottom-fishing now is just asking for pain. --- The moving averages are pressing down like a steel gate, rebounds are always just giving away money. --- This market is just waiting for a high-level short, no need to think about the bottom for now.

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LayerZeroHero

· 7h ago

Wait a moment, I need to verify this data logic. The three moving averages do indeed act as resistance, but the description of the trading volume is a bit vague. To what extent exactly? I think the probability of the 0.042 support being broken needs to be confirmed by on-chain data.

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ShitcoinArbitrageur

· 7h ago

The short squeeze was indeed fierce this time, but can 0.042 really hold? It feels like it might break again.

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