$GFT /USDT Chart Analysis & Trade Strategy

The $GFT /USDT 1-hour chart shows a strong upward trend with price currently at $0.01700 (+5.33%). Key support and resistance levels have been identified, indicating potential movement within these zones.

Trade Strategy:

Bullish Scenario: If the price sustains above $0.01694 support, it may retest the resistance at $0.01721. A breakout above this level could lead to further gains.

Entry Point: Look for entries near $0.01694 support if the price shows signs of bouncing, which aligns with the ascending trendline.

Targets: Set short-term targets at $0.01721 and higher if momentum continues.

Risk Management: Place a stop-loss slightly below the $0.01655 level to protect against a trend reversal.

This setup suggests a potential for continuation of the bullish momentum if the support level holds.

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