#Strategy加仓比特币 FOGO/USDT 15-Minute Chart Technical Analysis



Looking at this 15-minute candlestick chart, several signals are worth paying close attention to:

**Price and Moving Averages Relationship**

Currently, the price is at 0.03107 USDT, with an 11% increase over the past 24 hours. The short-term moving average (MA7) has already risen above 0.03056, forming a clear upward turn. The medium-term moving average (MA25) is at 0.03140, with the price slightly below it, giving a somewhat suppressed feeling. However, from the long-term perspective (MA99), the space above 0.02991 still indicates a bullish pattern, suggesting that the main trend has not reversed.

**Details of Trading Volume**

During this pullback, trading volume has been gradually decreasing—selling pressure is being released. Most importantly, the latest bullish candlestick is accompanied by increased volume, which is a sign of buying interest returning. According to the principle that "continuous gentle volume increases can lift prices," this is only the first attempt with increased volume; it remains to be seen whether subsequent follow-through can be sustained.

**Support and Resistance Levels**

The 0.03000 level below is an important psychological support, and coincidentally, it is also where the MA99 is located. If the price retraces to this level, it can reveal whether funds are being absorbed. The resistance levels above are 0.03140 (MA25) and 0.03354 (previous high). To break through these levels, sufficient volume must be present to support the move.

**Market Outlook**

The rapid rise from 0.02774 to 0.03354, followed by a volume-contracted pullback, with the retracement within 15%, is a typical pattern of "sharp rise followed by a gentle correction = main force lurking." Coupled with the current trend of volume contraction and bullish candlesticks stabilizing, it appears more like the main players are consolidating and accumulating rather than signaling a top.

If the price can hold above MA25 and maintain moderate volume increases, the resistance near the previous high is likely to be broken.
BTC1,63%
FOGO9,85%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
NightAirdroppervip
· 10h ago
Yeah, this MA25 suppression is quite intense. It depends on whether the trading volume can support it; otherwise, it's just a false alarm.
View OriginalReply0
NotFinancialAdvicevip
· 10h ago
Damn, another shakeout? How come I keep getting shaken out? I'm so exhausted.
View OriginalReply0
DaoGovernanceOfficervip
· 10h ago
*sigh* empirically speaking, this whole "volume accumulation = institutional accumulation" narrative lacks rigor... where's the on-chain data to actually back this up?
Reply0
FlatTaxvip
· 10h ago
Hmm, this position is a bit interesting. It consolidates with reduced volume and then increases volume, which is a typical shakeout to absorb supply. I'm just worried that the volume might not keep up later, and it might have to pull back again.
View OriginalReply0
GasFeeTherapistvip
· 11h ago
Hmm... It's the same old story of shaking out and accumulating, saying the same thing every time. What's the result then?
View OriginalReply0
LiquidityNinjavip
· 11h ago
It's the same "main force shaking out" theory again. Every time, they say it, and when the price hasn't risen much, they start telling stories. Is it true or not?
View OriginalReply0
  • Hot Gate Fun

    View More
  • MC:$0.1Holders:1
    0.00%
  • MC:$3.43KHolders:1
    0.00%
  • MC:$0.1Holders:1
    0.00%
  • MC:$3.42KHolders:1
    0.00%
  • MC:$3.42KHolders:1
    0.00%
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)