Watching @fogo closely as $FOGO builds momentum with its community-first vision. The focus on utility, transparency, and steady development stands out in a noisy market. Excited to see how #fogo evolves next 🔥
This coin is now worth $600M. It’s fully circulated, and as a meme coin with no real support or story, it’s near its limit. Shorting now makes sense, though some shorts are already exhausted. After the previous spike, another final manipulation wave is likely. Enter a short at 0.6 and wait for the next spike!
Project is hyping the Bitcoin EVM Layer 2 narrative, but similar ideas in past cycles failed to deliver real utility. Most turned into pure hype after token launch and lost momentum quickly.
Price is currently trading high after a strong run. Risk of heavy sell-off if hype fades and buyers step back.
Plan: Short on weakness, watch for rejection and momentum shift down.
Many traders rushed in again and got trapped. They saw the big drop before and assumed it had to bounce, so they blindly opened longs. That’s exactly the psychology the market maker targets.
Trend is still weak, and downside pressure remains.
After a big spike, the coin usually drops fast. Bots are controlling the market, and past patterns show sharp crashes after consolidation. Short sellers have little time to react—market entry now could be profitable.