Here's a summary of the $GFT
{spot}(GFTUSDT)
/USDT ($GFT token against Tether) trading data:
Current Price: $0.0184, up 11.52% over the last 24 hours.
24h High: $0.01955
24h Low: $0.01626
24h Volume:
GFT: 258.61 million GFT
USDT: 4.63 million USDT
Moving Averages:
MA(5): 46,029,716 GFT
MA(7): $0.01712
MA(10): 24,014,358 GFT
MA(25): $0.01668
MA(99): $0.01618
Technical Analysis Summary:
Trend: The current price is above all major moving averages (7, 25, and 99 periods), which suggests bullish momentum.
Support & Resistance:
Support: The recent low of $0.01626 acts as the nearest support level.
Resistance: The immediate resistance stands at the 24-hour high of $0.01955. Breaking above this level could drive further gains, potentially testing the $0.01972 mark.
Volume Insights:
Trading Volume: A substantial trading volume (181 million) supports the current uptrend and indicates significant interest in the token.
Conclusion:
$GFT /USDT is displaying strong upward movement, with solid support levels and potential for additional gains. If the price can sustain above $0.0184, the next resistance level at $0.01955 may be approached, with further upside likely if this level is breached.
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