1. MA Trends: · MA(7): 0.03021 · MA(25): 0.02913 · MA(99): 0.03228 · Signal: Price (0.03114) is above MA(7) and MA(25), but below MA(99). This suggests short-term bullish momentum, but long-term resistance near 0.03228. 2. Price Action: · Current price: 0.03114 USDT · Mark price: 0.0311351 · Entry price: 0.0310100 · Position is in profit (+7.70% ROI).
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📈 Order Book Sentiment (Depth Chart):
· Sell wall at 0.026 (192.61K) — strong resistance. · Buy support at 0.025 (76.58K) and 0.024 (8.16K). · Bid/Ask ratio: 62.66% bids vs 37.34% asks → bullish sentiment in the order book.
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⚠️ Risk & Position Info:
· Leverage: 20x (Isolated) · Liquidation price: 0.0297771 (very close to current price) · Stop Loss set at: 0.0308000 (below entry) · Margin Ratio: 25.88% (healthy but watch for volatility) · Max Open: 0.06226 USDT → room to increase position if desired.
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🎯 Trading Signal:
· Short-term: Bullish — Price above short-term MAs, positive ROI, bid dominance. · Caution: Price is below the MA(99), indicating longer-term resistance. Liquidation price is very close (~4.4% drop from current price would trigger liquidation). · Recommendation: · If bullish, consider taking partial profits soon. · Move stop loss to breakeven or slightly above to protect gains. · Watch for a break above 0.03228 (MA99) for a stronger bullish confirmation. #FOGO✈️ #FOGOTRADE
· MA(7) > MA(25) > MA(99) → This indicates a bullish trend in the short to medium term. · The price is currently above all three moving averages, suggesting upward momentum. · However, the moving averages are relatively close together, which could indicate consolidation or a potential weakening of the trend if the price dips below MA(7).
Recent Prices (Last Ticks):
· High: 0.012482 · Low: 0.012039 · Current range is relatively tight, showing indecision near the MA(7) level.
Trading Signal: 🟢 Consider a cautious LONG if price holds above MA(7) ≈ 0.012398 with target near 0.012470–0.012482. 🔴 Watch for a breakdown below MA(7) — if price falls below and closes under 0.012368, consider short-term bearish movement toward MA(25) at 0.012160.
Risk:
· Low volume or sideways movement could lead to false signals. · Use tight stop-loss if entering long (e.g., below 0.012360).
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Disclaimer: This is not financial advice. Always conduct your own analysis and manage risk appropriately. #pengu
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