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Gnosis (GNO) is showing strong momentum, currently trading at $234, up +9.19% in the last 24 hours. Hereโs an analysis of key levels and potential targets for traders looking to capitalize on the trend:
๐ Key Trading Levels:
24h High: $255
24h Low: $205.6
Support Level: The SAR (Stop and Reverse) indicator is at $207.9, suggesting support near this range.
๐ฏ Price Targets:
1. Target 1: $240
Given the upward trend, this is an initial breakout level. The price could test this resistance if volume and momentum continue to rise.
2. Target 2: $255
This is the current 24-hour high and a significant level of resistance. Breaking above this would likely signal further bullish momentum.
3. Target 3: $270
If GNO sustains momentum, this target could act as a medium-term peak. Traders may watch for potential profit-taking or reversals here.
๐ Technical Indicators:
MACD & RSI show growing momentum, while BOLL bands are widening, indicating volatility.
Moving Averages are trending up, with SAR signaling a positive trend.
Depth & Volume:
24h Volume stands at 26,443.40 GNO or $5.97M USDT, showing strong interest in GNO trading.
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