FOGO has dropped heavily and is now holding near a strong support zone. Selling pressure looks weak at these levels, and price is trying to stabilize after the sharp fall. This area often attracts buyers looking for a relief bounce.
If the market stays calm, a short-term recovery move is possible from here. Trade carefully and keep risk tight because overall trend was bearish before this base formed.
In the world of crypto, "High Risk, High Reward" is often called "Degen" (short for degenerate) trading. As of early 2026, the market is characterized by Bitcoin consolidating near $95,000, while the high-risk action has shifted to specific sub-sectors. If you are looking for the "High Risk, High Reward" side of the market, here are the primary strategies being used right now: