🚨 $GNO /USDT TRADE ALERT: HIGH VOLATILITY INCOMING! 🚨
$GNO is trading at $292.6, reflecting a stable movement of +0.34%. The current consolidation suggests an imminent breakout.
Spot Trading Signal
• Entry Zone: $290 - $294
• Target 1: $298
• Target 2: $305
• Target 3: $315
• Stop Loss: $286
Strategy: Accumulate within the entry zone and take profits as it approaches the resistance levels. Manage risk with a tight stop loss.
Futures Trading Signal
Long Setup
• Entry Zone: $290 - $294
• Leverage: 3x-5x
• Target 1: $298
• Target 2: $305
• Target 3: $315
• Stop Loss: $286
Short Setup (if rejected at $298):
• Entry Zone: $297 - $298
• Target 1: $292
• Target 2: $286
• Stop Loss: $302
Key Levels to Watch
• Resistance Levels: $298 and $305. A breakout above $305 could signal further bullish momentum.
• Support Levels: $290 and $286. Holding above these levels is essential to sustain the uptrend.
⚠️ Risk Management Tips
• Use low leverage in futures to minimize potential losses.
• Monitor volume for confirmation of breakout or rejection.
• Set take-profit orders in advance to capture profits during sudden price movements.