2026-01-18 12:31:34

FOGO's recent performance is worth paying attention to. The price has dropped by 8.35% driven by increased volume, while the open interest remains high. This combination often indicates two possibilities: the main force is quietly distributing, or long positions are experiencing forced liquidations.

From the market perspective, selling pressure clearly dominates. Buying has yet to effectively absorb the sell-off, and the short-term rebound strength is weak, giving us a new entry point. High open interest combined with falling prices can easily trigger chain forced liquidations, creating a vicious cycle of negative feedback.

Based on this logic, the short-term strategy leans towards shorting. It is recommended to enter in batches within the 0.0345 to 0.0350 range, with a stop loss set at 0.0365 (a critical line that must be defended). The first target is 0.0320. If the trend continues downward, 0.0300 is the second support level to watch.

This type of high open interest combined with volume-driven decline usually offers good reverse profit opportunities.

FOGO-10.1%

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CoffeeOnChain

· 4h ago

High holdings combined with increased volume and a decline—this set of tactics really confuses me. I truly can't understand what the main players are thinking; it feels a bit suspicious.

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MonkeySeeMonkeyDo

· 4h ago

High position distribution with volume decline, this routine is back again. Basically, it's just waiting to reap the benefits of forced liquidation. It's that same story of entering in batches and stop-lossing; it sounds reasonable, but I'm worried about the main force pulling the price back. Can it really hold at the 0.0345 level? Feels quite risky. Oh my god, I'm about to open a short position again. If this wave reverses, I’ll be laughing and crying at the same time. High positions dropping, this chain reaction theory works every time. The key is whether you can hit that precise point. This logic is indeed valid, but you need to be bold to enter. The main force loves to smash the market in the opposite direction. The 0.0320 target sounds good, but I’m not confident. Afraid of being caught in a trap.

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FOMOmonster

· 4h ago

High volume decline with high holdings, this market definitely has some shady vibes, the main force is selling off at this pace --- 0.0345 short entry is a bit interesting, just worried it might be a false dip again, and then reverse to hit my stop-loss --- The term "forced liquidation" sounds painful, I was played by this trick once before, losing quite a bit --- Can 0.0320 hold? Feels like this support is a bit weak, I think I need to test down to 0.03 --- With such strong selling pressure, why isn't the buying volume coming in? Is no one daring to buy the dip or are they all just watching? --- High holdings combined with increased volume, either the main force is selling off or waiting to be forced liquidated—it's a two-choice situation --- I must strictly execute stop-loss on this short position; last time I didn't stop-loss and almost blew up my account, I've learned my lesson this time --- I don't doubt the opportunity for reverse gains, but I always feel these analyses sound very reliable when spoken, yet the moment I enter, it reverses --- Gradually buy in between 0.0345 and 0.0350, this approach is good, at least it won't be a one-shot gamble --- Buyers haven't been able to absorb the selling pressure for a while, the bulls are dying off pretty fast, feels like there might really be some room here

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FadCatcher

· 4h ago

High-level shrinking volume to distribute, be careful of chain liquidations with this drop --- Try entering at 0.0345, feels like this time it can break 0.03 --- The main force is really ruthless, big players have been shaken out --- Going short again, this rhythm is a bit fast --- The holding volume is still so high, that's the strange part --- If it breaks support, you need to run, don't be greedy for this little profit --- Wait for the rebound to go short again, no rush to enter --- The selling pressure on this chart is too fierce, bulls basically have no chance --- Is there support below 0.03? --- Is this a typical main force shakeout or genuine distribution? Still hard to judge

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ForeverBuyingDips

· 4h ago

High open interest combined with increasing volume and a decline, this set of tactics is indeed prone to triggering a chain reaction. Looking forward to this bearish opportunity. --- Another margin call warning? When I mentioned this last time, I was already positioned at 0.0350. --- Selling pressure can't be contained. The rebound doesn't even have decent volume; it feels like the main players are really offloading. --- I remember the 0.0320 level; last time the rebound also got stuck here. --- High positions at high levels coupled with a decline, this is indeed a good opportunity for shorting, but you must set a proper stop-loss. --- Exactly, this kind of movement usually allows for earning reverse gains. The question is whether you can withstand the psychological pressure. --- Let's wait and see if 0.0345 can be broken. Only after breaking this level can the bears truly take control.

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