Binance Technical Analysis: $G

/USDT

Current Price: $0.03764 (+17.11%)

The G/USDT pair has shown significant upward momentum in the last 24 hours, gaining 17.11%. However, there’s a slight dip of 1.05% in the last hour, with the price hovering around $0.03764. Here’s a quick overview:

24h High: $0.04093

24h Low: $0.03199

24h Trading Volume (G): 895.30M

24h Trading Volume (USDT): 33.15M

Key Levels to Watch:

Support: $0.03400 (recent low)

Resistance: $0.04200 (recent high)

Current Trend: The price has tested the resistance level near $0.04000, but currently shows a slight pullback. A break above $0.04093 could trigger further bullish momentum.

Short-Term Outlook: On the 1-hour chart, G/USDT shows a minor dip, but overall, the trend remains bullish. Investors should watch for potential re-tests of the $0.04000 and $0.04200 resistance levels. If the price sustains above $0.03700, there could be room for further upside.

This analysis highlights the recent price movements and key levels to monitor.