FWOG Coin Market Analysis – Setup Intact, Is It Time to Accumulate?
FWOG Coin continues to hold a technically clean structure despite relatively low volume (Market Cap: $76M, Volume: $30M). While it’s not moving as aggressively as others, its price action suggests potential upside once consolidation completes.
Chart Insights:
Price faced rejection from the $0.089 resistance zone.
As previously expected, it retraced to the $0.068 area and may dip further into the $0.056 – $0.042 range for a healthier reset.
Consolidation in this zone could build a strong base for the next breakout.
Entry Zone:
Accumulation Range: $0.056 – $0.042 (ideal for laddering in)
Profit Targets:
Target 1: $0.1020
Target 2: $0.1320
Target 3 (Final): $0.1500
Stop Loss:
Structure Invalidation: Below $0.039
Trading Strategy:
Take partial profits at each resistance zone.
Watch for a breakout above $0.074, which may confirm bullish continuation.
Ladder out profits at each target rather than exiting fully at once.
FWOG is forming a floor and preparing for a potential upward move. The technicals are still intact, and a breakout could open doors to significant gains.
