🚀 $GFT
/USDT Technical Analysis – A Bullish Surge in Play! 🎯
The GFT/USDT pair has grabbed traders' attention with an impressive 36.51% surge in the past 24 hours, reaching a high of $0.00946. Here's what the charts and data suggest:
Key Levels to Watch
1️⃣ Target 1: $0.01020
This level represents a short-term resistance zone. A break above could signal continued momentum as buyers dominate the market.
2️⃣ Target 2: $0.01100
A medium-term goal, aligned with Fibonacci extensions, indicating a stronger bullish wave if market sentiment remains positive.
3️⃣ Target 3: $0.01300
A psychological barrier that could be reached if trading volumes remain high and the broader crypto market supports upward movements.
Technical Indicators
RSI: Nearing overbought levels, suggesting caution for new entries but confirming strong momentum.
Moving Averages: The price is trading above key MAs, reinforcing the bullish outlook.
Volume: High trading activity (4.25B GFT in 24h) highlights significant interest and potential for further growth.
Risk & Strategy
While the trend is bullish, monitor key supports near $0.00750 for potential pullbacks. Setting stop-loss levels is crucial for managing risks in case of reversals.