#CryptoTrading. #technicalanalyst #Signal🚥.
📊 Technical analysis $FOGO /USDT — 15 min / 1 h timeframe
Current price ≈ 0.036656 USDT
+16.92% over the last period — a powerful vertical pump, local high ~0.03900, now a moderate pullback after a strong impulse.
Price action and Bollinger Bands
• Price near the upper band (~0.03968), strong breakout from the zone ~0.029–0.034.
• Middle band ~0.03462 — dynamic support, currently being tested on a pullback.
• Lower band ~0.02956 — bands are strongly extended = high volatility.
• The structure is still a classic pump with a fairly healthy short-term pullback (did not break the middle band).
Volumes
• Current volume ~48.6M — high surge on buying candles.
• MA(5) ~147M, MA(10) ~177M — volumes increased significantly during the upward movement, buyers are still active.
Key indicators
• MACD — DIF 0.00135, DEA 0.00131, MACD 0.00004 — histogram is positive, but already very narrow - momentum is starting to slow down.
• RSI (6/12/24) ≈ 57.5 / 60.3 / 60.0 — overbought is average, there are already signs of short-term exhaustion after +17%.
Current assessment
Momentum remains bullish, the pullback has not yet broken the middle band and looks like a healthy correction after a strong impulse. But there are already the first signs of a slowdown (MACD histogram is almost flat, RSI is not growing further).
🟢 Long (medium risk — continuation or buy a pullback)
Entry: 0.0360 – 0.0367 (current zone or pullback to the middle band ~0.0346)
TP1: 0.0385 – 0.0390
TP2: 0.0405 – 0.0415+
SL: 0.0350 – 0.0353 (below recent low)
R/R: ~1:3–1:4
Comment: Good setup if it holds above 0.0360 and volumes do not drop sharply. High probability of continuation until the price breaks the middle band downwards.
🔴 Short (high risk — attempt to fade the top)
Entry: 0.0385 – 0.0392 (retest of the high or upper band)
TP1: 0.0365 – 0.0360
TP2: 0.0346 – 0.0340 (middle band)
SL: 0.0398+
R/R: ~1:3