FOGO is really stable today, continuing to surge strongly! This trend is truly unmatched. From the K-line chart, since the bottom at 0.01995, it has been steadily rebounding with consecutive positive candles. Today, it closed directly at 0.02943, with a 24-hour increase of up to 7.88%.

The most crucial aspect is the moving average pattern. MA5 and MA10 have already experienced a golden cross and are trending upward. Currently, the price is firmly above all moving averages, indicating a strong bullish trend. The 24-hour high reached 0.03141, and although there was a slight pullback, the buying support remains very strong, with no large bearish candles crashing the price. Trading volume has also increased simultaneously, showing genuine capital inflow rather than false hype.

As a target in the Layer1 track, being able to develop such a technical pattern of rising volume and price, with multiple moving averages aligned in a bullish formation, is extremely rare in the current bear market. This trend looks very solid!