Nanocap Precision: FOS Poised for Price Discovery?FOS Technical Outlook: Momentum Meets Structure
FOS is showing strong bullish structure, currently trading above previous all-time highs (ATHs). The April retest of the macro 50% level was textbook: a deep wick into support followed by a hammer close, signaling aggressive absorption and buyer intent.
Price is now attempting to form a higher 2-bar swing low, which—if confirmed by a clean break of the ATH—would reinforce the uptrend and validate continuation.
Long Setup: Two Tactical Entry Zones
Aggressive Entry: Stop-loss just below the Equilibrium Zone (EQ) of the April wick. This offers tighter risk but demands precision.
Conservative Entry: Stop-loss below the April swing low, allowing more breathing room and accounting for potential volatility.
Further confidence on trade will hinge on price breaking into ATH
Risk Advisory: Nanocap Terrain
FOS remains a nanocap, meaning liquidity is thin and volatility is amplified. Use extreme caution, size appropriately, and avoid overexposure. This is a precision strike, not a full-scale invasion.