🚨 $GFT /USDT ALERT: Bounce or Breakdown? Critical Levels Ahead! 🚨
GFT/USDT on the 15-minute chart shows significant bearish momentum, dropping from a high of $0.01292 to a low of $0.00670. However, it’s currently attempting to recover, trading at $0.00741. Traders should watch for a potential reversal or continuation of the downtrend.
💡 Trade Setup
Current Price: $0.00741
Entry Price: $0.00740 – $0.00750
Resistance Levels:
1. $0.00780
2. $0.00830
3. $0.00900
Support Levels:
1. $0.00700
2. $0.00670
📉 Stop Loss: $0.00660
⚠️ Cautionary Note: With the coin testing lower levels, any failure to reclaim $0.00780 could lead to further downside. Conversely, a breakout above this level may indicate the start of a recovery. Keep an eye on trading volume and manage risks with tight stop losses during this volatile phase.
