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Fogo (FOGO) news: what is happening today

Cryptocurrency
Recorded events
28
Latest
2026-07-24
Fogo

Market summary from our own Hyperliquid data · updated 2026-07-25 04:14 UTC

Fogo falls 35.08% in a month, as our model stays defensive

Fogo is down 35.08% over a month. What follows is what sits behind that move: large-wallet positioning, derivatives, our own model.

What matters on Fogo right now?

Our own rules-based model reads Fogo at 18/100, which is SELL territory. What stands out right now:

What does the Fogo data show?

1. Fogo closed at a 180-day low

Fogo closed at $0.008491, the lowest close in 180 days, clearing the previous trough by 4.55%. A fresh extreme means every holder from that window is now under water — which changes who is likely to sell into the next move.

2. MACD turned bullish

MACD flipped bullish: the fast average of price pulled above the slow one, which is the earliest of the trend signals we track and the noisiest. Market structure is still making lower highs and lower lows. The most recent daily candle pattern is three black crows. RSI (14) is 37.5.

3. Where the leverage sits

Perpetual funding runs at 10.95% annualised, so longs are paying shorts to keep their positions open. Funding is a crowding tax: the more one-sided the book, the more it costs to stay on that side, and the more likely the weakest hands there get squeezed out. Open interest stands at $297 K — that is the size of the leveraged book that has to be closed eventually.

Funding (annualised)+10.9%
Open interest$297 K

What has already happened to Fogo?

July 2026

  • New lowreconstructed
    Fogo closed at a 180-day low of $0.008491Previous trough of the 180-day window $0.008896, undercut by 4.55%
    −4.55%
  • MACDreconstructed
    FOGO’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles

June 2026

  • New lowreconstructed
    Fogo closed at a 180-day low of $0.008896Previous trough of the 180-day window $0.01040, undercut by 14.45%
    −14.45%
  • New lowreconstructed
    Fogo closed at a 180-day low of $0.01040Previous trough of the 180-day window $0.01099, undercut by 5.34%
    −5.34%
  • Sharp movereconstructed
    Fogo moved +13.46% in a day, 3.0× its 30-day volatility30-day standard deviation of daily returns 4.48%
    +13.46%
  • MACDreconstructed
    FOGO’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
  • New lowreconstructed
    Fogo closed at a 90-day low of $0.01142Previous trough of the 90-day window $0.01251, undercut by 8.64%
    −8.64%
  • RSIreconstructed
    FOGO RSI entered oversold territory at 28.7RSI was 32.1 the day before; the bands are 30 and 70
  • New lowreconstructed
    Fogo closed at a 90-day low of $0.01251Previous trough of the 90-day window $0.01344, undercut by 6.94%
    −6.94%
Show the earlier history (19 more entries)

May 2026

  • Streakreconstructed
    Fogo closed lower 7 sessions in a row, −16.37% over the streak7 consecutive closed daily candles in the same direction
    −16.37%
  • New lowreconstructed
    Fogo closed at a 90-day low of $0.01406Previous trough of the 90-day window $0.01473, undercut by 4.58%
    −4.58%
  • New lowreconstructed
    Fogo closed at a 90-day low of $0.01583Previous trough of the 90-day window $0.01648, undercut by 3.97%
    −3.97%
  • Sharp movereconstructed
    Fogo moved +17.25% in a day, 4.7× its 30-day volatility30-day standard deviation of daily returns 3.70%
    +17.25%
  • Streakreconstructed
    Fogo closed lower 7 sessions in a row, −24.29% over the streak7 consecutive closed daily candles in the same direction
    −24.29%

April 2026

  • MACDreconstructed
    FOGO’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles

March 2026

  • New lowreconstructed
    Fogo closed at a 90-day low of $0.01696Previous trough of the 90-day window $0.01826, undercut by 7.08%
    −7.08%
  • New lowreconstructed
    Fogo closed at a 90-day low of $0.01846Previous trough of the 90-day window $0.01905, undercut by 3.10%
    −3.10%
  • RSIreconstructed
    FOGO RSI entered oversold territory at 29.7RSI was 31.3 the day before; the bands are 30 and 70
  • Streakreconstructed
    Fogo closed lower 7 sessions in a row, −19.83% over the streak7 consecutive closed daily candles in the same direction
    −19.83%
  • MACDreconstructed
    FOGO’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
  • New lowreconstructed
    Fogo closed at a 90-day low of $0.01971Previous trough of the 90-day window $0.02040, undercut by 3.41%
    −3.41%
  • Streakreconstructed
    Fogo closed lower 7 sessions in a row, −26.23% over the streak7 consecutive closed daily candles in the same direction
    −26.23%

February 2026

  • Volumereconstructed
    FOGO traded $2.6 M, 4.9× its 30-day median volume while price moved +2.32%30-day median volume $525 K
    +2.32%

January 2026

  • Volumereconstructed
    FOGO traded $2.3 M, 3.1× its 30-day median volume while price moved +6.47%30-day median volume $743 K
    +6.47%
  • MACDreconstructed
    FOGO’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
  • Streakreconstructed
    Fogo closed lower 7 sessions in a row, −48.85% over the streak7 consecutive closed daily candles in the same direction
    −48.85%
  • Volumereconstructed
    FOGO traded $8.3 M, 29.3× its 30-day median volume while price moved −11.55%30-day median volume $282 K
    −11.55%
  • Open interestreconstructed
    FOGO open interest rose 91.59% to $2.3 M while price moved −2.85%: fresh shorts buildingCompared with a point 1 day(s) earlier; rule: price and open interest moving together means new positions
    −2.85%

Entries are produced by the Spottrench algorithm from Hyperliquid data.

What is next for Fogo?

Dates we can verify and levels that would change the read on Fogo. No project roadmaps here — only schedules that exist on-chain or in the company calendar, and thresholds measured from our own data.

  • Close below $0.008381 (3.11% away)That is the floor of the 90-day range. A daily close below it undercuts the structure and would file a breakdown entry in the log above.
  • Model's 30-day marker: $0.008421 (−2.64%)A deterministic projection from the same combined signal, damped by volatility and capped at support. It is arithmetic, not a forecast anyone stands behind — and certainly not advice.

Unlock schedule from DefiLlama; earnings dates from the company calendar.

The bottom line

Pulling it together, our combined signal reads SELL (18/100, where 50 is neutral). On the last closed day Fogo rose 1.87% against a category median of +0.00%, with 88 of 177 markets in the category closing lower. We do not claim to know why Fogo moved — everything above is measurement, not a cause.

Full FOGO factor breakdown and price prediction →

Frequently asked questions

What is the latest news on Fogo?

The most recent development we recorded is: Fogo closed at a 180-day low (2026-07-24). This page is a dated log computed from market data rather than a press feed — every entry is a measurement with the date it happened.

How often is the Fogo page updated?

Once a day: it is recomputed after the daily candle closes, and the time of the last update is printed at the top of the page. Log entries are dated by the day the event happened, not the day we published it.

Where does the Fogo data on this page come from?

From Hyperliquid directly: daily candles, open interest, funding and the on-chain positions of active large wallets. Nothing here is copied from another site's article, and no language model writes the text — the wording is generated from the numbers by fixed rules.

Is this Fogo page investment advice?

No. It is an algorithmic summary of measured market data from Hyperliquid — price moves, positioning, derivatives and our own model. It is not investment advice and past performance does not guarantee future results.

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