$GNO GNO/USDT is currently priced at 204.7, up by 1.59% over the past day, showing a slight dip from its recent high of 208.2. The chart indicates a consolidation phase, with potential for either a breakout or a continued correction depending on volume and market sentiment.
Entry Levels:
Long Entry: Above 206.5 – Breaking this level could drive GNO towards the recent high of 208.2 and potentially beyond.
Short Entry: Below 203.5 – A fall below this support could signal further downside, targeting 201 or lower.
Stop Loss:
For Longs: 203.5 – This limits risk in case of a sudden reversal.
For Shorts: 206.5 – Protects against unexpected upward momentum.
With volume steadily rising, GNO is approaching a critical juncture. Traders should watch for either a decisive breakout above resistance or a breakdown below support, as these moves could set the tone for the next trend.#GrayscaleXRPTrust #BTCMiningRevenue #TetherAEDLaunch