Analysis: 
GT recently broke above the $21.15 resistance level, a significant barrier identified in recent price action, with strong volume supporting the move. The 14-day Relative Strength Index (RSI) is at 49.36, indicating neutral momentum with room for upward movement before reaching overbought territory (>70). The 50-day Simple Moving Average (SMA) at $20.97 is trending upward, crossing above the 200-day SMA ($13.09), forming a bullish Golden Cross, which often precedes sustained uptrends. The next resistance is at $22.67, with a potential target of $24.19 if momentum continues. Support holds at $19.95, providing a solid base for a long entry.
Entry Point: $21.80
Target Price: $24.19
Stop Loss: $19.80
Timeframe: 2–4 weeks
Rationale: The breakout, combined with bullish moving average alignment and neutral RSI, suggestsGT could rally toward recent cycle highs, supported by increasing trading volume and positive sentiment in the Gate.io ecosystem.
GT recently broke above the $21.15 resistance level, a significant barrier identified in recent price action, with strong volume supporting the move. The 14-day Relative Strength Index (RSI) is at 49.36, indicating neutral momentum with room for upward movement before reaching overbought territory (>70). The 50-day Simple Moving Average (SMA) at $20.97 is trending upward, crossing above the 200-day SMA ($13.09), forming a bullish Golden Cross, which often precedes sustained uptrends. The next resistance is at $22.67, with a potential target of $24.19 if momentum continues. Support holds at $19.95, providing a solid base for a long entry.Entry Point: $21.80
Target Price: $24.19
Stop Loss: $19.80
Timeframe: 2–4 weeks
Rationale: The breakout, combined with bullish moving average alignment and neutral RSI, suggests
GT could rally toward recent cycle highs, supported by increasing trading volume and positive sentiment in the Gate.io ecosystem.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.