📉 Altcoin $SOMI — corrective bounce with bearish continuation bias👇👇👇
📊 Technical analysis
A short-term rebound has formed as a bearish engulfing reaction on the M15 timeframe, rejecting from a descending trendline. The bounce occurred on increasing volume, but follow-through remains weak, which typically supports a sell-the-rally scenario within a broader bearish structure. Overall price action continues to favor the downside, with sellers defending lower highs.
📊 Altcoin $FOGO — liquidity hold & potential continuation setup 📈Market context Despite today’s broader market pullback across major cryptocurrencies, FOGO is holding firmly inside a key liquidity zone, showing relative strength versus the market. 📈 Technical analysis Price is consolidating above the high-volume demand area (≈ 0.0325–0.0340), which previously acted as a strong base. The structure remains range-bound with higher lows, suggesting accumulation rather than distribution. Short- and mid-term EMAs are flattening and compressing, indicating a volatility squeeze and preparation for expansion. No aggressive sell-off on volume during the market dip → selling pressure remains limited.
💡 Trading idea (range / continuation) 🎯 Long entry zone: 0.0330 – 0.0342 (liquidity support) 🎯 Targets: • 0.0365 • 0.0390 • 0.0420 (range high / prior rejection)
⛔️ Invalidation / Stop-loss: below 0.0318 📌 Confirmation: Acceptance above 0.0350 with rising volume, or Clear bullish reaction from the liquidity zone with strong follow-through. ⚠️ If liquidity fails and price loses 0.032, expect a deeper range rotation. Until then, bias remains cautiously bullish while support holds. #fogo_usdt #FOGO
🔽 Altcoin $TRX — Short-term correction targeting the 0.2915 level
📊 Technical Analysis
A bearish engulfing candlestick has formed from the support zone, suggesting a potential short-term correction. Price is likely to consolidate in a range, oscillating between nearby liquidity zones. #TRX #Trxusdt
📊 Technical Analysis A bearish engulfing candlestick has formed from a key support zone, accompanied by overbought conditions and a completed parabolic price structure. The move is further confirmed by increasing sell-side volume, indicating a potential short-term corrective pullback toward the 1.66 level. #EUL#EULUSDT
📊 Technical analysis After printing a local low, MMT is forming a reversal setup supported by RSI oversold conditions and bullish divergence. This combination suggests short-term downside exhaustion and opens room for a corrective upside move within the broader structure. 💡 Technical scenario (Long) 🎯 Entry zone: 0.19 – 0.196 🎯 Targets: 0.1985 – 0.205 ⛔️ Stop-loss: below 0.185 📌 Confirmation required: sustained acceptance and consolidation above 0.197 #MMT #MMTUSDT
After printing a local low, ASTER is forming a reversal setup supported by RSI oversold conditions and bullish divergence.
On the H4 timeframe, price has printed a bullish engulfing candle, accompanied by a break above the descending trendline and a reclaim of the 0.623 key support level.
This combination suggests short-term downside exhaustion and opens room for a corrective upside move within the broader structure.