🚨🔥 ALERT: $GHST /USDT POISED FOR A MAJOR MOVE ON THE 1-HOUR CHART! 🔥🚨
The GHST/USDT chart on the 1-hour timeframe is showing promising signs of upward momentum, following a strong push from recent lows at 0.851 USDT. After peaking around 1.053 USDT, the price is currently holding steady near 1.019 USDT, suggesting a potential consolidation phase before the next move.
Current Price: 1.019 USDT
💡 Trade Entry: Consider entering a position if GHST/USDT maintains stability above 1.020 USDT.
Critical Levels to Watch:
🚧 Major Resistance: 1.053 USDT – A breakout above this level could signal the start of a fresh rally.
📉 Key Support Zone: 0.989 USDT – Holding above this level is essential to maintain bullish sentiment.
Take-Profit Targets:
1. Target 1: 1.040 USDT – Short-term target for initial profit-taking.
2. Target 2: 1.065 USDT – Potential mid-term target if momentum remains strong.
3. Target 3: 1.080 USDT – High target for aggressive traders aiming for a sustained rally.
Stop Loss:
Stop Loss: Set a stop loss at 0.985 USDT to manage downside risk in case of a pullback.
⚠️ Cautionary Note: Traders should watch for stability near the 1.020 USDT mark. A breakout above 1.053 USDT could trigger rapid buying momentum, while failure to hold above 0.989 USDT might lead to a deeper retracement. Stay vigilant and manage your risk effectively.