🚨💯$FIRO /USDT potential trading signal with 15-minute timeframe from the Binance trading platform And future prediction price 💵 💵 👇👇
Technical Analysis:
1. Current Price: FIRO is trading at 2.013 USDT, up by 15.89% in the last 24 hours.
2. Support and Resistance:
Support: Around 1.650 USDT, the 24-hour low.
Resistance: Around 2.288 USDT, the 24-hour high.
3. RSI (6): At 42.948, indicating neutral momentum. It suggests neither overbought nor oversold conditions.
4. Moving Averages:
MA(5): 167,182.1 (closer to the price, suggesting short-term trends).
MA(10): 206,743.3 (slightly higher, suggesting more stability in the trend).
5. MACD:
DIF: 0.075
DEA: 0.084
MACD: -0.009 The MACD shows bearish momentum as it turned slightly negative.
6. Volume Analysis:
Volume surged during the price spike, signaling strong buying pressure earlier in the session. The volume has since decreased, showing potential consolidation or retracement.
Future Price Prediction:
If the price sustains above 2.000 USDT, a potential test of the resistance at 2.288 USDT could occur.
A breakdown below 1.900 USDT might trigger a test of support at 1.650 USDT.
Indicators such as RSI and MACD suggest caution, with momentum appearing to slow down after a sharp upward move.
Recommendation:
For Traders:
Consider entering long positions near 1.900 USDT with a stop-loss below 1.850 USDT.
Target resistance zones around 2.288 USDT for profit-taking.
For Investors:
Monitor RSI and MACD on higher timeframes (e.g., 1H, 4H) for a clearer trend confirmation.
Would you like to analyze this on a different timeframe or explore specific strategies?
