#CryptoTrading. #technicalanalyst #Signal🚥.
📊 Technical analysis $FOGO /USDT — 15min/1h timeframe
Current price ≈ 0.03996 USDT
+19.28% strong pump from ~0.03273 lows, breakout higher, now slight pullback from ~0.04214 high.
Price action & Bollinger Bands:
Price near upper BB (UP ~0.04211, MB ~0.03806 support, DN ~0.03402). Bands expanded on rally, hugging upper band with red candles — overextension, short-term pullback likely.
Volumes:
Current ~78M, MA(5) ~226M, MA(10) ~296M — surge on green candles, holding decent; watch fade on red.
Key indicators:
• MACD: Positive (DIF 0.00137, DEA 0.00121, MACD 0.00016), histogram positive — bullish momentum.
• RSI(6/12/24): 59.46 / 63.66 / 62.11 — neutral-high, room up but exhaustion possible.
Pump with volume/momentum, but upper BB suggests short-term correction.
🟢 Long (high risk)
Entry: 0.0385–0.0395 (dip to MB)
TP1: 0.041–0.042
TP2: 0.044+
SL: 0.037–0.0375
R/R: ~1:3+
Comment: Strong if holds MB + volume on bounce. Continuation favored.
🔴 Short (moderate-high risk)
Entry: 0.0405–0.0415 (fade upper BB)
TP1: 0.0385–0.038
TP2: 0.036
SL: 0.043+
R/R: ~1:3+
Comment: Only on rejection + fade. Risky in pump.
⚠️ Most likely scenario now
Pullback to MB (~0.038) due to overextension. Then continuation higher to 0.044+ if volume holds. Longs have edge; shorts on exhaustion only. Tight risk, watch volume.