Prodip69

@Fogo Official $FOGO
FOGO is currently trading around 0.02262, attempting a short-term recovery after a sharp drop from the recent high near 0.02368. The price bounced strongly from the key support level at 0.02165, showing that buyers are stepping in at lower levels.
🔍 Price Action Insight
The recent move suggests FOGO entered a correction phase, but the bounce indicates demand is still active. However, the trend remains unstable until price reclaims higher resistance zones.
📉 Moving Average Structure
MA(7): 0.02214
MA(25): 0.02264
MA(99): 0.02204
FOGO is currently trading near its short-term averages, meaning the market is in a decision zone. A clean break above MA(25) could support further upside momentum.
🟢 Key Support & Resistance Levels
✅ Immediate Support: 0.0220 – 0.0216
⚠️ Major Resistance: 0.0233 – 0.0237
A breakout above 0.0237 could open the door for a stronger continuation move, while failure to hold support may lead to another retest of the lows.
📊 Volume & Market Sentiment
Volume increased during the dip, suggesting liquidation pressure followed by bargain buying. Now the market is consolidating, waiting for confirmation.
💡 Trader Advice
FOGO is in a bounce + consolidation phase, so patience is important. Avoid high leverage and wait for either a breakout above resistance or a strong support retest before entering.
#fogo #CryptoAnalysis #BinanceSquare #Altcoins

@Fogo Official $FOGO
FOGO is currently trading around 0.02262, attempting a short-term recovery after a sharp drop from the recent high near 0.02368. The price bounced strongly from the key support level at 0.02165, showing that buyers are stepping in at lower levels.
🔍 Price Action Insight
The recent move suggests FOGO entered a correction phase, but the bounce indicates demand is still active. However, the trend remains unstable until price reclaims higher resistance zones.
📉 Moving Average Structure
MA(7): 0.02214
MA(25): 0.02264
MA(99): 0.02204
FOGO is currently trading near its short-term averages, meaning the market is in a decision zone. A clean break above MA(25) could support further upside momentum.
🟢 Key Support & Resistance Levels
✅ Immediate Support: 0.0220 – 0.0216
⚠️ Major Resistance: 0.0233 – 0.0237
A breakout above 0.0237 could open the door for a stronger continuation move, while failure to hold support may lead to another retest of the lows.
📊 Volume & Market Sentiment
Volume increased during the dip, suggesting liquidation pressure followed by bargain buying. Now the market is consolidating, waiting for confirmation.
💡 Trader Advice
FOGO is in a bounce + consolidation phase, so patience is important. Avoid high leverage and wait for either a breakout above resistance or a strong support retest before entering.#BinanceSquare #Altcoins

Ethereum (ETH) è attualmente scambiato vicino a 1.960, affrontando una forte pressione ribassista a breve termine dopo un forte crollo dalla zona 2.100.
🔍 Azione Prezzo Recente
ETH ha raggiunto un massimo intorno a 2.107 prima che i venditori prendessero il controllo, scatenando una forte vendita fino al minimo locale vicino a 1.926.
Questo movimento conferma un cambiamento di tendenza a breve termine da consolidamento a una fase correttiva.
📉 Struttura della Media Mobile
MA(7): ~1.963
MA(25): ~2.032
MA(99): ~2.008
ETH sta scambiando al di sotto di tutte le principali medie mobili, il che segnala che il momentum è ancora debole e i tori hanno bisogno di una conferma più forte prima di qualsiasi inversione.