$G /USDT Technical Analysis – Binance

Current Price: $0.02864 (+4.41%)

Timeframe: 30-minute chart

Market Sentiment: Consolidating after a short-term pullback.

Key Targets and Price Levels:

1. Target 1: $0.02900 (Immediate Resistance)

The price is approaching the $0.02900 resistance level. A breakout could confirm the start of a new upward leg.

2. Target 2: $0.03000 (Medium-term Resistance)

If the price sustains above $0.02900, the next target will be $0.03000, a key psychological level and a significant technical resistance.

3. Target 3: $0.03200 (Major Resistance)

A sustained bullish move could propel G/USDT toward $0.03200, a level marking the recent high and a crucial barrier.

Strategy and Recommendations:

Short-term Traders: Look for a breakout above $0.02900 for quick trades. Secure partial profits near $0.03000, while keeping a trailing stop-loss.

Long-term Investors: Use $0.02800 as an accumulation zone, maintaining a stop-loss at $0.02700. Target $0.03200 for potential long-term gains.

Technical Indicators:

Trend: Consolidating with bullish potential after a retracement.

Volume: Moderate, requiring a significant increase to break resistance levels.

RSI: Neutral; the price has room for upward movement before overbought conditions.

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